RBC Capital Maintains Outperform on Walmart, Raises Price Target to $168
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Steven Shemesh has maintained an 'Outperform' rating on Walmart (NYSE:WMT) and raised the price target from $165 to $168.
August 18, 2023 | 1:58 pm
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POSITIVE IMPACT
RBC Capital's raised price target for Walmart indicates a positive outlook for the company's stock.
The raised price target by RBC Capital suggests that the analyst sees potential for Walmart's stock to perform well in the short term. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100