RBC Capital Reiterates Outperform on Walmart, Maintains $168 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh has reiterated an Outperform rating on Walmart (NYSE:WMT) and maintained a price target of $168.
November 17, 2023 | 6:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital analyst reaffirms Outperform rating on Walmart with a $168 price target, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a major analyst like RBC Capital suggests a positive sentiment towards Walmart's stock performance. The maintained price target of $168 implies that the analyst believes the stock has the potential to reach or exceed this value in the short term, which could influence investor confidence and drive the stock price upward.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100