Stifel Maintains Hold on Walmart, Lowers Price Target to $169
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan has maintained a Hold rating on Walmart (NYSE:WMT) but has reduced the price target from $171 to $169.

November 17, 2023 | 7:08 pm
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NEUTRAL IMPACT
Stifel analyst Mark Astrachan maintains a Hold rating on Walmart and lowers the price target to $169.
The adjustment in price target by Stifel is a minor change, suggesting a slight negative sentiment but not a significant shift in the company's outlook. The Hold rating indicates that the analyst does not see substantial upside or downside in the near term, which is why the score is neutral. The relevance is high as the news is directly about Walmart's stock. The importance is moderate because price target changes by analysts can influence investor perception, but the small magnitude of the change may not have a strong impact. The confidence level is high due to the direct mention of Walmart and the clear action by the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100