Analysts Raise Target Forecasts on Walmart’s (WMT:NYE) Stock

Top Stock Ratings & Analysis: Sept 5th,

Analyst Ratings Coverage

Stephens, in its latest analysis, has maintained an “Overweight” recommendation for Walmart Inc. This indicates that Stephens continues to have a positive outlook on the stock, suggesting that they believe Walmart is well-positioned for potential growth.  Stephens has also raised the target price from USD 185 to USD 190.

Stifel Nicolaus has updated its rating for Walmart Inc to “Hold.” Stifel Nicolaus has also raised the target price from USD 169 to USD 171, indicating a modest upward adjustment in their valuation outlook for Walmart.

Walmart Stock Analysis

WMT Ratings by Stock Target Advisor

According to the consensus of 28 analysts, the average target price for Walmart Inc over the next 12 months is projected to be USD 177.12. This average target price represents the collective estimate of analysts regarding the fair market value of Walmart’s stock, indicating potential price appreciation in the coming year.

The average analyst rating for Walmart Inc is classified as “Strong Buy,” emphasizing a high level of confidence among analysts regarding the company’s future performance. This rating is derived from assessments made by financial experts who closely track Walmart’s operations, financial health, and growth prospects.

Stock Target Advisor, in its independent analysis of Walmart Inc, has assigned a “Neutral” outlook. This neutrality is based on 8 positive signals and 7 negative signals identified through their analysis. Positive signals may include factors such as strong earnings or positive trends in the retail sector, while negative signals could involve potential risks or challenges that Walmart may be facing.

As of the last closing, Walmart’s stock was valued at USD 166.19. Over the past week, the stock price has experienced a slight increase of +0.93%, reflecting modest short-term positive momentum. Additionally, the stock has shown positive trends over the past month (+4.55%) and the last year (+16.56%). These performance indicators suggest a history of growth and may contribute to the overall positive sentiment among analysts.

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