Consumers Are Feeling The Squeeze — And That Could Be Walmart's Biggest Advantage - Walmart (NASDAQ:WMT)

Walmart Inc. (NASDAQ:WMT) shares traded near flat Friday as investors weighed the retailer’s defensive positioning ahead of quarterly earnings.

Market attention also remained on Walmart’s ability to sustain consumer demand and digital momentum during ongoing economic uncertainty.

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BofA Securities analyst Christopher Nardone reiterated a Buy rating on the stock, with a price forecast of $150.

Analyst’s Take