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Walmart price target raised to $105 from $100 at KeyBanc

Walmart price target raised to $105 from $100 at KeyBanc

KeyBanc raised the firm’s price target on Walmart (WMT) to $105 from $100 and keeps an Overweight rating on the shares. The firm says Walmart’s growth flywheel continues to deliver strong results, and it believes Walmart remains one of the most compelling investment opportunities in retail. Q4 results were above expectations, driven by broad market share gains.

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