Why Walmart Stock Is the Recession-Proof Powerhouse You Need in Your Portfolio Right Now April 17, 2024 — 06:20 am EDT Written by David Moadel for InvestorPlace -> ...

In a report released after Walmart's earnings update, Jefferies analyst Corey Tarlowe pointed to reasons he thinks the stock is worth buying. He has a price target of $80 on Walmart shares ...

Walmart beat estimates on the top and bottom lines and said that it outperformed in all three of its operating segments. As a result, the stock was up 7% as of 10:14 a.m. ET. Image source: Walmart.