Cowen Analyst Reiterates Buy Rating on Walmart with $150 Target

TD Cowen analyst Oliver Chen has reaffirmed his buy rating for Walmart (WMT.US), keeping the target price at $150.

According to TipRanks data, Chen's success rate over the past year is 50.8%, with an average total return of 3.6%.

This means that in virtual portfolios created based on his ratings, the analyst's recommendations have been successful about half the time and have generated returns averaging just under 4% annually.