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Takeaways
- Visible Alpha has reported that Oppenheimer, an investment bank, has reduced its target price for Walmart to $95 a share.
- Oppenheimer predicts that the retailer will likely be affected by the tariffs later in the year.
- Walmart will be hosting an Investor Event later this week.
Walmart (WMT), in an uncertain economic climate, could attract more customers. According to new research, the stock may not have much more room to grow.
In a note published on Monday, Oppenheimer analysts cut their price target for the shares of the giant retailer to $95 from $105, below Wall Street’s average and the lowest recorded by Visible Alpha. The shares recently moved up near $85. (Read Investopedia’s coverage of today’s trading here.
Analysts said in their report that they expect consumers will stock up on goods before tariffs. Oppenheimer estimates that these tariffs will have a significant impact on discretionary expenditure in the remainder of 2025.
Walmart will be hosting an Investor Event on Wednesday. Oppenheimer analysts suspect that the company might withdraw its full-year outlook—it earlier this year guided investors toward revenue growth of 3% to 4%—amid economic uncertainty driven by the Trump administration’s latest tariff moves.
Visible Alpha tracks all the analysts who track Walmart. All have given the stock a buy or equivalent rating. The shares are down about 7 percent this year.
