Check Out What Whales Are Doing With WMT
Portfolio Pulse from Benzinga Insights
A financial giant has made a bearish move on Walmart (NYSE:WMT), with 63% of traders showing bearish tendencies. The significant investors are aiming for a price territory stretching from $165.0 to $185.0 for Walmart over the recent three months. Tigress Financial maintains a Buy rating for Walmart, targeting a price of $196.
November 08, 2023 | 6:17 pm
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Bearish tendencies are observed in Walmart's trading activity, with a significant investor making a bearish move. However, Tigress Financial maintains a Buy rating with a target price of $196.
Despite the bearish move by a significant investor, the maintained Buy rating by Tigress Financial indicates a positive outlook for Walmart. This could potentially balance out the bearish tendencies, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100