Telsey Advisory Group Reiterates Outperform on Walmart, Maintains $168 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on Walmart (NYSE:WMT) and maintained a price target of $168.

August 11, 2023 | 9:14 am
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Walmart's stock rating has been reiterated as 'Outperform' by Telsey Advisory Group, with a maintained price target of $168.
The reiteration of an 'Outperform' rating by a reputable analyst group like Telsey Advisory Group is a positive signal for Walmart. It indicates that the analysts believe the company's stock will do better than the market average. The maintained price target of $168 also suggests that they believe the stock is currently undervalued, which could lead to an increase in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100