RBC Capital Maintains Walmart Buy Rating at $137
RBC Capital analyst Steven Shemesh has reaffirmed Walmart (WMT.US) as a 'buy' stock, maintaining its target price at $137. This rating comes from an analysis of Shemesh's past performance, which shows a success rate of 49.6% and a total average return of 0.3% over the past year, according to TipRanks data.
TipRanks is an independent third-party service that tracks analyst ratings and calculates their success rates and average returns. Shemesh's 49.6% success rate means that his recommendations have been accurate nearly half the time, while his total average return of 0.3% indicates a relatively modest profit from his stock picks.