Stocks
Mizuho Cuts Walmart Target Price to $125 Amid Mixed Analyst Track Record
Mizuho Securities analyst David Bellinger has maintained his 'Buy' rating for Walmart (WMT.US), but reduced the target price from $130 to $125. This decision comes after evaluating the company's performance and market trends.
According to TipRanks data, Bellinger has a success rate of 39.4% and an average return of 0.3% over the past year. His recommendations are based on his analysis of financial data, which is used to calculate the Average Returns and Success Rates of his ratings.
The analyst's performance is ranked by TipRanks, with a 5-star rating indicating better performance. Bellinger has been assigned 4 stars, reflecting his mixed track record.