Walmart Maintains Buy Rating from Piper Sandler at $137 Target
Piper Sandler analyst Peter Keith has maintained his buy rating for Walmart (WMT.US) and kept its target price at $137. This is according to TipRanks data, which also shows that Keith's success rate over the past year is 49.3% with an average return of 7.0%. A successful rating in this context means that a virtual portfolio based on the analyst's recommendation would have earned a positive return from the stock.
TipRanks provides analysis data from financial analysts and calculates their success rates and average returns over time. Keith's performance is represented by a 4-star rating, indicating better than average results among other analysts covered by TipRanks. The firm notes that an analyst's past performance should not be taken as a guarantee of future success.