Citigroup Maintains Buy on Walmart, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez maintains a Buy rating on Walmart and raises the price target from $75 to $98.
September 27, 2024 | 6:37 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup analyst Paul Lejuez has reaffirmed a Buy rating on Walmart and increased the price target from $75 to $98, indicating a positive outlook on the stock.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst like Paul Lejuez from Citigroup suggests a positive sentiment towards Walmart's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100