Walmart price target raised to $185 from $168 at Telsey Advisory

Telsey Advisory analyst Joseph Feldman raised the firm’s price target on Walmart to $185 from $168 and keeps an Outperform rating on the shares. The company reported “strong” Q2 results and raised its 2023 outlook, reflecting gains from its “people-led, tech-powered omnichannel model” and strong execution, the analyst tells investors in a research note.