Expert Outlook: Walmart Through The Eyes Of 32 Analysts
Portfolio Pulse from Benzinga Insights
Walmart (NYSE:WMT) has been analyzed by 32 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target is $72.19, with a high of $81.00 and a low of $64.00. Recent analyst actions predominantly involve raising price targets and ratings, reflecting positive sentiment despite a recent revenue decline.
July 02, 2024 | 1:00 pm
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POSITIVE IMPACT
Walmart has received predominantly positive ratings from analysts, with many raising their price targets. The average 12-month price target is now $72.19, up 8.02% from the previous average. Despite a recent revenue decline, analysts show increased confidence in Walmart's stock.
The majority of analysts have raised their price targets and ratings for Walmart, indicating strong confidence in the company's future performance. This positive sentiment is likely to drive short-term stock price appreciation, despite recent revenue declines.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100