Walmart is well positioned to increase profits faster than sales as its ecommerce business remains on track to achieve profitability in the next one to two years, BofA Securities analysts say after meeting with the retail giant’s CFO John David Rainey. Walmart continues to see consumers being consistent, discerning and price conscious, and in some instances trading down. Still, the consumer is still buying, according to Rainey. “As Walmart’s strong value and convenience continue resonating with consumers, we expect share gains to continue across product categories and income cohorts,” the analysts say. BofA Securities raises its target price to $110 a share from $105 previously. Shares fall 0.5% to $92.67.