Analysts Update Walmart Price Targets Amid Wall Street Volatility

Wall Street analysts have updated their ratings for Walmart (WMT.US) in recent days. On August 22, major banks released new target prices and ratings for the retail giant.

The price targets range from $113 to $142, with Morgan Stanley's Simeon Gutman maintaining a buy rating but lowering his target price from $140 to $125. Similarly, J.P. Morgan's Christopher Horvers kept his buy rating but adjusted his target price from $137 to $125.

Citi analyst Paul Lejuez and UBS analyst Michael Lasser also maintained their buy ratings, with Lejuez adjusting his target price from $147 to $132 and Lasser lowering his target from $141 to $130. In contrast, Deutsche Bank's Krisztina Katai kept a hold rating but reduced her target price from $119 to $113.

According to TipRanks, which provides analysis data from financial analysts, the average return for these analysts over the past year is a positive rate. The success rates of individual analysts vary, with some having higher success rates than others.