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 $100.0 to $190.0 for Walmart over the last 3 months. The price of WMT is currently down -0.26% at $164.24. Tigress Financial has maintained their Buy rating on Walmart, with a price target of $196.
November 06, 2023 | 6:45 pm
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A whale investor has taken a bullish stance on Walmart (NYSE:WMT), with majority of the investors opening trades with bullish expectations. The price of WMT is currently down -0.26% at $164.24. Tigress Financial has maintained their Buy rating on Walmart, with a price target of $196.
The bullish stance of a whale investor on Walmart, along with the maintained Buy rating from Tigress Financial, indicates a positive outlook for the company's stock. However, the current price is down, which may be a temporary dip. The targeted price range by the whale investor also suggests potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100