‘Near-term buying opportunity’ for Walmart as stock rebounds, analyst says - MarketWatch
1. Walmart stock shows a fractional premarket rebound after a significant selloff. 2. JPMorgan reiterates the overweight rating with a $112 target, calling it a buying opportunity. 3. Shares fell 6.5% to $97.21, making Walmart the worst performer in the DJIA. 4. Lower-than-expected profit outlook linked to cost pull-forwards from the Vizio integration. 5. Management remains confident in margin growth, signaling a stronger consumer environment.