Walmart Stock Gets Boost from DA Davidson Price Target

Walmart's (NASDAQ: WMT) stock has been given a 'buy' rating by research analysts at DA Davidson, with a price target of $132.00.

This would suggest a potential upside of 24.49% from the company's current price of $106.03.

DA Davidson's price target is in line with other analysts, who have also given Walmart a 'buy' rating and set similar price targets.

In fact, BTIG Research has reaffirmed its 'buy' rating on Walmart stock, with a price objective of $140.00.

Citigroup, on the other hand, reduced its target price on Walmart from $147.00 to $132.00 and set a 'buy' rating on the stock in a report on Friday, August 21st.