Truist Securities Maintains Hold on Walmart, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a Hold rating on Walmart (NYSE:WMT) and increased the price target from $168 to $170.
November 17, 2023 | 5:08 pm
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Truist Securities analyst Scot Ciccarelli maintains a Hold rating on Walmart and raises the price target from $168 to $170.
The adjustment in price target by Truist Securities is a positive signal, suggesting a slight improvement in Walmart's valuation outlook. However, since the rating remains a Hold and the price target increase is marginal, the short-term impact on Walmart's stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100