Walmart: Recent Earnings Are Not Enough To Justify This Valuation
1. Initiated a pre-earnings sell rating for WMT. 2. Incomplete article hints at negative sentiment before expected earnings.
FAQ
Why Bearish?
The pre-earnings sell rating suggests a negative outlook; historically, analogous negative pre-earnings signals have led to short-term declines.
How important is it?
While the sell rating on pre-earnings is significant, the incomplete nature of the article reduces its overall impact.
Why Short Term?
Earnings events typically prompt immediate market reactions, similar to past instances where pre-earnings sell ratings caused short-lived drops.