Check Out What Whales Are Doing With WMT
Portfolio Pulse from Benzinga Insights
A 'whale' investor has taken a bullish stance on Walmart (NYSE:WMT), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $150.0 to $160.0 for Walmart over the last 3 months. The price of WMT is up 1.48% at $156.56. Morgan Stanley, Telsey Advisory Group, and Credit Suisse have downgraded their actions on Walmart, while Tigress Financial maintains their Buy rating.
June 30, 2023 | 5:16 pm
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A whale investor has taken a bullish stance on Walmart, with a targeted price range of $150-$160. The stock price is currently up, but analyst ratings are mixed.
The bullish stance of a whale investor, who typically has significant influence, could drive the stock price up. However, the mixed analyst ratings introduce some uncertainty, which could limit the price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100