04:20 PM EDT, 05/15/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $1 to $118, about 40x our FY 27 (Jan.) EPS estimate of $2.94 (up from $2.92; FY 26 up to $2.66 from $2.63). We believe WMT is tracking ahead of its full-year operating profit and EPS guidance but chose to keep its outlook unchanged this quarter to give itself optionality for more aggressive investmentspotentially laying the groundwork for stronger growth next year. Also, we think it's probably prudent to keep guidance unchanged for at least one more quarter given how fluid the tariff environment is. FQ1 (Apr-Q) results were strong, especially in areas expected to drive long-term operating profit growth, notably global ad revenue (+50%; Walmart Connect up 31%), double-digit growth in Walmart+ membership income, and increased adoption of Walmart ( WMT ) fulfillment by third-party sellers. FQ2 (Jul-Q) will mark the first quarter with tariff-related pricing impacts, and we'll be watching closely to see how consumer spending responds. WMT remains one of our top retail picks.