Evercore ISI Group Maintains Outperform on Walmart, Lowers Price Target to $177
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich has maintained an Outperform rating on Walmart (NYSE:WMT) but has reduced the price target from $187 to $177.

November 17, 2023 | 7:17 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on Walmart but lowers the price target to $177 from $187.
The reduction in price target by Evercore ISI Group suggests a slightly less optimistic outlook for Walmart's stock price in the short term. However, maintaining the Outperform rating indicates that the analyst still sees Walmart as a strong investment. The impact on the stock price may be neutral to slightly negative in the short term as the market digests the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100