Barclays Maintains Overweight on Walmart, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman maintains an Overweight rating on Walmart (NYSE:WMT) and raises the price target from $159 to $162.
May 22, 2023 | 10:07 am
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Barclays maintains an Overweight rating on Walmart and raises the price target from $159 to $162.
Barclays' decision to maintain an Overweight rating on Walmart and raise the price target from $159 to $162 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