Morgan Stanley Keeps Walmart Buy Rating Target at $125
Morgan Stanley analyst Simeon Gutman has reiterated his positive stance on Walmart, maintaining a buy rating for the retail giant. Gutman also kept his target price for Walmart (WMT.US) at $125 per share.
According to data from TipRanks, Gutman has a success rate of 54.5% and an average return of 2.9% over the past year. TipRanks is an independent platform that tracks financial analysts' performance based on their recommendations.
The information provided is not intended as an investment recommendation but serves as an informational resource. TipRanks calculates success rates by determining how often an analyst's ratings result in positive returns for a virtual portfolio.
Gutman's performance is ranked by TipRanks on a scale of 1 to 5 stars, with higher stars indicating better performance. This ranking is based on the analyst's total success rate and average return.