Walmart Stock: Analyst Forecasts $67 Price Target, Is It a Buy at $60?
Wednesday, 15 May 2024, 10:40
Walmart Stock Analysis
Discover expert analysis on Walmart stock as one Wall Street analyst predicts a $67 price target, reflecting an 11% potential upside. Amidst the positive outlook, concerns over the grocery business are addressed, emphasizing Walmart's superior value proposition over Amazon. Learn about the company's recent stock split and continued strong performance, enticing investors with growth potential.
Expert Opinion
- Rupesh Parikh of Oppenheimer maintains an outperform recommendation.
- He highlights Walmart's strengths in the face of competition.
Buy Recommendations
- Consider the stock's potential for an 11% increase.
- Analyse Walmart's competitive position and growth prospects.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.