What 24 Analyst Ratings Have To Say About Walmart
Portfolio Pulse from Benzinga Insights
Within the last quarter, Walmart (NYSE:WMT) received 24 analyst ratings, with 6 bullish, 14 somewhat bullish, and 4 indifferent. There were no somewhat bearish or bearish ratings. The average 12-month price target for Walmart is $180.38, with a high of $210.00 and a low of $165.00. This target has increased by 4.79% over the past month, indicating a positive sentiment among analysts towards the stock.
November 13, 2023 | 4:00 pm
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POSITIVE IMPACT
Walmart has received a predominantly positive outlook from analysts, with an average price target suggesting an upward potential. The recent increase in the price target reflects growing confidence in the company's performance.
The positive analyst ratings, with a majority being bullish or somewhat bullish, and the increase in the average price target over the past month, suggest that there is a positive sentiment towards Walmart's stock. This could lead to a short-term increase in the stock price as market participants may react to the optimistic outlook provided by analysts.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100