Justin McAuliffe, research analyst at Gabelli Funds, suggested in emailed commentary Thursday that Walmart’s investors may have gotten ahead of themselves. But he said nothing in the company’s results suggested deeper alarm about the consumer.

Justin McAuliffe, research analyst at Gabelli Funds, suggested in emailed commentary Thursday that Walmart’s investors may have gotten ahead of themselves. But he said nothing in the company’s results suggested deeper alarm about the consumer.