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Non-Tech : Wal-Mart
WMT 103.46-0.1%Nov 12 3:59 PM EST

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To: David F. Robinson who wrote (381)5/12/1998 8:05:00 PM
From: shotz  Read Replies (2) of 1166
 
Query: anyone have consensus 1, 3, and 5-year price targets for WMT?

The most recent analyst recommendation i found (on yahoo) was from
a year ago, with a target of $35.

I see messages (on this forum) with optimistic prices of 60-70,
AND I believe there is considerable strength in WMT's fundamentals,
but 60-70 seems kinda pricey looking at PE and growth ...

I've taken over watching over my parent's self-directed IRA (after dad's passing),
and i'm tempted to sell WMT into current strength. My father held it for years
while it was sitting at ~$25, and sold about half his shares in the low 30's.
Surely, he's kicking himself now ...

cheers,
steve
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