Stifel Maintains Hold on Walmart, Raises Price Target to $167
Portfolio Pulse from jenniferd'souza@benzinga.com
Stifel analyst Mark Astrachan has maintained a 'Hold' rating on Walmart (NYSE:WMT) and raised the price target from $163 to $167.

August 14, 2023 | 1:00 pm
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Stifel analyst has maintained a 'Hold' rating on Walmart and raised the price target from $163 to $167.
The news is directly about Walmart and its stock price. The 'Hold' rating suggests that the analyst believes the stock will perform in line with the market, while the increased price target indicates an expectation of potential upside. However, as the rating is 'Hold', it does not necessarily suggest a strong buy signal, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100