Walmart experienced its steepest single-day decline in four years, dropping 9% on Thursday after issuing disappointing guidance and missing same-store sales expectations. JPMorgan maintained its overweight rating while lowering its price target to $125 from $137, still implying nearly 21% upside. The bank views the selloff as a buying opportunity, citing expansion of alternative profit pools and benefits from AI automation. Of the 44 analysts covering Walmart, 40 have a buy or strong buy rating on the stock.
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