RBC Capital Maintains Outperform on Walmart, Raises Price Target to $164
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Steven Shemesh maintains an Outperform rating on Walmart (NYSE:WMT) and raises the price target from $160 to $164.
May 19, 2023 | 12:57 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Walmart and raises the price target from $160 to $164.
RBC Capital's maintained Outperform rating and increased price target for Walmart indicates a positive outlook for the company's stock. This news is likely to have a positive impact on Walmart's stock price in the short term as it reflects the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100