Barclays Maintains Overweight on Walmart, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman has maintained an 'Overweight' rating on Walmart (NYSE:WMT) and raised the price target from $162 to $167.

August 18, 2023 | 10:47 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Barclays has maintained an 'Overweight' rating on Walmart and raised the price target from $162 to $167, indicating a positive outlook for the stock.
The 'Overweight' rating maintained by Barclays indicates that they believe Walmart's stock will outperform the average return of the stocks they cover. The increase in the price target from $162 to $167 suggests that they expect the stock's price to rise in the short term. This is likely to have a positive impact on Walmart's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100