HomeLifestyleRetailWMT, TGT, COST: Big Box Retail Stocks To Watch

WMT, TGT, COST: Big Box Retail Stocks To Watch

Walmart's (WMT) ecommerce continues to scale with the help of A.I., marketplace growth, and supply chain automation, according to a Jefferies analyst note. Jefferies has a buy rating at a $175 price target on Walmart (WMT). Corey Tarlowe discusses the second half outlook for big box retail. Jefferies also highlights that Target's (TGT) 1Q inventory levels were down 16% year-over-year with discretionary levels down 25% and Costco's (COST) estimates for 4Q and FY remain largely unchanged. Tune in to find out more about the stock market today.

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10 Jul 2023

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