Truist Securities Maintains Hold on Walmart, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli maintains a Hold rating on Walmart (NYSE:WMT) and raises the price target from $64 to $76.
August 16, 2024 | 4:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Truist Securities analyst Scot Ciccarelli maintains a Hold rating on Walmart and raises the price target from $64 to $76.
The raised price target from $64 to $76 suggests a positive outlook on Walmart's stock, which could lead to a short-term price increase. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100