Truist Securities Upgrades Walmart to Buy, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has upgraded Walmart's stock from Hold to Buy and increased its price target from $76 to $89, indicating a positive outlook for the company.
September 24, 2024 | 1:31 pm
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Truist Securities has upgraded Walmart from Hold to Buy and raised the price target from $76 to $89, suggesting a positive short-term outlook for the stock.
The upgrade from Hold to Buy by Truist Securities indicates increased confidence in Walmart's performance. The raised price target from $76 to $89 suggests expectations of stock price appreciation, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100