Walmart Inc

WMT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$48.00	Ltqt	Cxyfjtmty

Walmart: Despite Its Competitive Prowess, Shares Are Far From a Bargain; Fair Value Estimate Lowered

Noah Rohr

Aug 10, 2023

Against an ultra-competitive backdrop, we lowered our fair value estimate on wide-moat Walmart to $145 per share, from $152 previously, due to a slight pullback in our near-term profitability forecast and more modest assumptions regarding the firm's long-term return on invested capital.

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