Walmart Gets 'Moderate Buy' Rating as Analysts Weigh In
Walmart Inc. (NASDAQ: WMT) has been assigned an average rating of 'Moderate Buy' by the thirty-seven analysts covering the stock, according to MarketBeat.
This assessment is based on the recommendations from various research firms, including Evercore and Goldman Sachs Group, which have reaffirmed their 'outperform' ratings on Walmart shares. Meanwhile, Erste Group Bank has downgraded its rating from 'buy' to 'hold.'
The average 12-month price objective among these brokers is $138.50.