Truist Securities Maintains Hold on Walmart, Raises Price Target to $168
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Scot Ciccarelli has maintained a 'Hold' rating on Walmart (NYSE:WMT) and raised the price target from $166 to $168.
August 18, 2023 | 3:41 pm
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Truist Securities has maintained a 'Hold' rating on Walmart and raised the price target from $166 to $168, which could influence investor sentiment.
The news of Truist Securities maintaining a 'Hold' rating on Walmart and raising the price target could influence investor sentiment. However, as the rating is 'Hold', it suggests that the stock is expected to perform in line with the market or the sector in the next 12 months, which means the impact on the stock price might not be significant in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100