Evercore ISI Group Maintains Outperform on Walmart, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on Walmart (WMT) and raises the price target from $66 to $67.
May 14, 2024 | 1:01 pm
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Evercore ISI Group has maintained an Outperform rating on Walmart and increased the price target from $66 to $67, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Evercore ISI Group suggests a strong confidence in Walmart's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100