Morgan Stanley Maintains Overweight on Walmart, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Overweight rating on Walmart and raises the price target from $160 to $170.
August 18, 2023 | 1:55 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Walmart and raises the price target from $160 to $170, which could positively impact the stock.
The raised price target by Morgan Stanley indicates a positive outlook for Walmart. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100