{
  "id": 2228478,
  "title": "BofA cuts Walmart stock price target on comp sales deceleration",
  "url": "https://urgent.news/2026/08/20/bofa-cuts-walmart-stock-price-target-on-comp-sales-deceleration",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T21:16:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/bofa-cuts-walmart-stock-price-target-on-comp-sales-deceleration-93CH-4870562"
  },
  "original_language": "en",
  "account": "BofA Securities revised its price target on Walmart Inc. (NYSE:WMT) to $126 from $144, while keeping a Buy rating on the stock. The downgrade was attributed to a slowdown in U.S. comparable sales, excluding fuel, which slowed to 2.6% in the latest quarter. The firm's decision was further influenced by Walmart's premium valuation, with the stock trading at a P/E ratio of 36.3, suggesting overvaluation relative to its Fair Value. Despite these concerns, BofA Securities maintains its Buy rating, seeing the stock price decline as a chance to invest in a long-term growth stock. The firm pointed out positive signs within Walmart, including a 5.9% year-over-year revenue growth and a market capitalization of $827 billion. Walmart delivered stronger-than-expected earnings in its fiscal second quarter, with adjusted earnings per share of $0.81 and revenue of $187.9 billion, exceeding analyst expectations of $0.74 per share and $186.75 billion in revenue. However, Walmart's stock still saw a 8.9% decline in premarket trading, raising questions about the quality of the earnings and concerns over costs related to price investments and tariff benefits.",
  "summary": null,
  "key_points": [
    "BofA cuts Walmart stock target to $126 from $144",
    "U.S. comparable sales slowed to 2.6% in latest quarter",
    "Walmart's premium valuation cited as overvaluation concern"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}