Deutsche Bank analyst Krisztina Katai raised the firm’s price target on Walmart to $169 from $164 and keeps a Buy rating on the shares. Despite the company’s initial 2023 outlook coming in below "subdued buy-side expectations," the analyst is encouraged, saying the outlook leaves more room for upside versus downside.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on WMT:
- Walmart price target lowered to $160 from $163 at RBC Capital
- Walmart price target lowered to $169 from $171 at Roth MKM
- Walmart added back to Top Pick status at Oppenheimer
- Walmart Inc. Reported Earnings. Did it Beat Estimates?
- Walmart CEO: Working with suppliers to get inflation down as soon as possible
