Back to News
Feb 27, 2026 4:00 PM

Walmart Earns Analyst's Confidence As Market Share Gains Persist

Walmart Inc. (NASDAQ:WMT) shares are trading higher on Friday.

The company disclosed that it paid $100 million to settle a lawsuit that accused the U.S. retailer of misleading its delivery drivers about their compensation, causing substantial income loss.

• Walmart stock is gaining positive traction. Why is WMT stock trading higher?

BofA Securities analyst Christopher Nardone reinstated a Buy rating on the stock with a price forecast of $150.

The analyst wrote that the company ...