UBS Lowers Price Target for Walmart Following Disappointing Q1 Results
UBS lowered its price target for Walmart from $147 to $141 after the company's first-quarter results fell short of elevated expectations. Despite this, UBS remains optimistic about Walmart’s long-term growth in higher-margin revenue streams such as advertising and e-commerce.
Tickers: $WMT
Topics: Earnings Results Stock Price Target UBS Walmart