Walmart Maintains Buy Rating at $120 Amid Strong Analyst Performance

Jefferies analyst Corey Tarlowe has maintained his Buy rating for Walmart (WMT.US) and stuck to his target price of $120.

According to TipRanks, an independent third-party service that analyzes financial analysts' recommendations, Tarlowe's success rate is 64.0%, with a total average return of 18.7% over the past year.

This means that out of his ratings in the past year, Tarlowe has been correct 64% of the time, and on average, TipRanks' virtual portfolio would have earned an 18.7% return if it followed his recommendations.