Walmart just handed Wall Street a mixed bag. 

Despite rising revenue and profits, shares of the big-box retailer fell more than 9%, following its recent quarterly results. 

Soon after, JPMorgan adjusted its stock price target for Walmart (WMT). 

Walmart stock price target drops to $125

At the time of writing, WMT stock trades around $104. Valued at a market cap of $825 billion, Walmart has returned more than 400% to shareholders over the past decade, after adjusting for dividend reinvestments. 

The stock’s decade-long outperformance has meant it trades at 35x forward earnings, which is steep for a company projected to grow earnings at a compounded annual rate of 8.7% over the…