Morgan Stanley Keeps Buy Rating on Walmart with $125 Target Price
Morgan Stanley has reaffirmed its buy rating for Walmart (WMT.US), maintaining its target price at $125. The decision was made by analyst Simeon Gutman, who has a success rate of 56.1% and an average return of 3.7% over the past year, according to TipRanks data.
TipRanks provides analysis data from financial analysts and calculates their success rates and average returns. The platform uses this information to rank analysts on a scale of 1 to 5 stars, with more stars indicating better performance. Gutman's star level is not specified in the source, but his past performance is evaluated based on his total success rate and average return.
The analyst's decision to maintain Walmart's target price at $125 reflects the company's continued potential for growth. However, it's essential to note that this recommendation is not an investment suggestion, and investors should conduct their own research before making any decisions.