Buy Walmart, Sell Target?
When it comes to retail stocks one would think that Walmart (NYSE: WMT) and Target (NYSE: TGT) are inseparable. The two mass-market chains have thrived through the pandemic as retail outlets that never had to shut down through the early stages of the COVID-19 crisis.
Walmart and Target pride themselves on giving shoppers more bang for their bucks, and that's the kind of value proposition that's resonating with consumers these days. But sometimes you have to break up the band. Jefferies analyst Stephanie Wissink assumed coverage of both discount retailers on Thursday afternoon. She has a buy rating on Walmart, but she's going with a neutral call on Target. Is Walmart really the better buy of the two chains?
Image source: Getty Images.
Source Fool.com
