HSBC Initiates Coverage On Walmart with Buy Rating, Announces Price Target of $200
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Daniela Bretthauer has initiated coverage on Walmart (NYSE:WMT) with a Buy rating and a price target of $200.
September 22, 2023 | 10:55 am
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HSBC has initiated coverage on Walmart with a Buy rating and a price target of $200, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, HSBC's Buy rating and $200 price target for Walmart suggest a positive outlook for the stock, which could attract more investors and drive up the stock's price in the short term.
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