BMO Capital Maintains Outperform on Walmart, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kelly Bania has maintained an Outperform rating on Walmart (NYSE:WMT) but has reduced the price target from $180 to $175.

November 17, 2023 | 3:21 pm
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BMO Capital analyst reaffirms Outperform rating on Walmart but lowers price target to $175 from $180.
The reduction in price target by BMO Capital may cause some investors to adjust their valuation models, potentially leading to short-term price fluctuations. However, the maintenance of an Outperform rating suggests that the analyst's overall view on Walmart remains positive, which could mitigate any negative impact from the price target adjustment.
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