Walmart Maintains Buy Rating from J.P. Morgan Analyst

J.P. Morgan analyst Christopher Horvers has maintained Walmart (WMT.US) with a buy rating, according to TipRanks data.

Horvers' success rate over the past year is 57.6%, and his total average return is 7.5%.

The note from TipRanks explains that the analyst's success rate is calculated by dividing the number of successful ratings by the total number of ratings over the past year, and a successful rating is one where TipRanks' virtual portfolio earned a positive return from the stock.

This means that 57.6% of Horvers' recommendations have been successful in terms of generating returns for investors who followed his advice.