Morgan Stanley Sticks to Buy on Walmart With $140 Target Price
Morgan Stanley's analyst Simeon Gutman has reaffirmed his 'Buy' rating for Walmart (WMT.US) and maintained a target price of $140. According to TipRanks, an independent third-party analysis platform, Gutman has a success rate of 57.1% and a total average return of 3.9% over the past year.
Gutman's performance is represented by 4 out of 5 stars on TipRanks' rating system, which evaluates analysts based on their past ratings. The star level indicates better performance with more stars.
The analyst's success rate and average return are calculated based on the virtual portfolios established by TipRanks. These portfolios adjust according to changes in Gutman's ratings over time.