Check Out What Whales Are Doing With WMT
Portfolio Pulse from Benzinga Insights
Whale investors have shown a bullish stance on Walmart (WMT), with 60% of detected trades being bullish and 40% bearish. The major focus is on a price band between $51.67 and $70.0. Walmart's current stock price is $60.05, with a recent analyst average target price of $115.8. Notable analyst ratings include a Buy from Guggenheim with a target of $200 and an Overweight from Barclays at $60. The next earnings report is expected in 69 days.
March 08, 2024 | 6:01 pm
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Whale investors are bullish on Walmart, with a significant focus on options within the $51.67-$70.0 price range. Analysts have set an average target price of $115.8, with the highest at $200. The stock is currently at $60.05, with the next earnings report due in 69 days.
The bullish stance by whale investors, combined with optimistic analyst ratings, suggests a positive short-term outlook for Walmart's stock. The focus on a higher price band by whales and the significant gap between the current price and analyst targets indicate potential for growth. However, the actual movement will depend on the upcoming earnings report and market conditions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100