Stifel Maintains Hold on Walmart, Raises Price Target to $171
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan has maintained a Hold rating on Walmart (NYSE:WMT) and increased the price target from $169 to $171.
November 13, 2023 | 3:30 pm
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Stifel analyst Mark Astrachan has maintained a Hold rating on Walmart but raised the price target from $169 to $171, indicating a slightly more positive outlook on the stock's value.
The increase in price target by Stifel suggests a slightly more optimistic assessment of Walmart's stock value, which could lead to positive investor sentiment in the short term. However, since the rating remains a Hold, the impact may be moderate rather than significant.
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