JPMorgan resets Walmart price target after earnings

JPMorgan has reset its price target on Walmart following the company's latest earnings report.
The update comes after $WMT posted slower U.S. comparable-sales growth and issued guidance below expectations.
Investors are now weighing Walmart's defensive qualities against signs that consumers are becoming increasingly stretched.
For $WMT, analyst target changes will reflect whether the recent weakness is viewed as temporary or the start of a softer consumer cycle.