Wells Fargo Maintains Overweight on Walmart, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly has maintained an Overweight rating on Walmart and increased the price target from $81 to $88.
September 23, 2024 | 1:28 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Walmart and increased the price target from $81 to $88, indicating a positive outlook on the stock.
The increase in price target from $81 to $88 by Wells Fargo suggests a positive sentiment towards Walmart's future performance. The Overweight rating indicates that the analyst expects Walmart to outperform its peers, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100