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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100