This Is What Whales Are Betting On Walmart
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Walmart (NYSE:WMT), with 60% of the investors opening trades with bullish expectations and 40% with bearish. The whale has been targeting a price range from $140.0 to $170.0 for Walmart over the last 3 months. The price of WMT is up 1.04% at $165.1. Tigress Financial has maintained their Buy rating on Walmart, with a price target of $196.
November 01, 2023 | 7:46 pm
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A whale investor has taken a bullish stance on Walmart (NYSE:WMT), with the majority of investors opening trades with bullish expectations. The price of WMT is up 1.04% at $165.1. Tigress Financial has maintained their Buy rating on Walmart, with a price target of $196.
The bullish stance of a whale investor, along with the maintained Buy rating from Tigress Financial, indicates positive sentiment towards Walmart. This, combined with the recent price increase, suggests a potential positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100