Tigress Financial Reiterates 'Buy' Rating for Walmart with Upside Potential
Walmart's stock price continues to be a topic of interest among analysts and investors. Recently, Tigress Financial reiterated its 'buy' rating for Walmart (NASDAQ: WMT) in a research report issued on Monday.
The firm has set a price target of $155.00 per share, indicating a potential upside of 49.53% from the current stock price of $103.66. This is not an isolated view, as other analysts have also expressed positive sentiments towards Walmart's stock.
Morgan Stanley and Telsey Advisory Group have reaffirmed their 'overweight' and 'outperform' ratings respectively, although they have lowered their price targets to $125.00 and $130.00 per share from previous estimates of $140.00 and $140.00.
Evercore has also set a price target of $125.00 per share for Walmart, while Robert W. Baird dropped its price objective on the stock to $120.00 from $140.00 and maintained an 'outperform' rating.