Morgan Stanley Maintains Overweight Rating on Walmart Amid Inflation Concerns
Walmart shares fell nearly 7.3% following a cautious Q2 outlook, but Morgan Stanley analysts Simeon Gutman and Pedro Gil reiterated their 'Overweight' rating with a $140 price target. The firm highlighted the company's strong performance in online sales, advertising, and membership income amid rising U.S. inflation.

Topics: eCommerce flywheel inflation impact Morgan Stanley price target Walmart