BZ Chart Of The Day: Is It Time To Buy Walmart?
Sometimes a market can have a memory. This is why it may be time to buy Walmart Inc (NYSE: WMT).
Jim Cramer Slaps Walmart Around, Sets The Stage For Costco, Target And Amazon: ‘This Is Not Forgivable’
Walmart Inc (NYSE: WMT) shares are tanking on Tuesday after the company slashed its guidance as a result of high inventory levels and continued inflation pressures.
Guggenheim Maintains Buy Rating for Walmart: Here’s What You Need To Know
Guggenheim has decided to maintain its Buy rating of Walmart (NYSE:WMT) and lower its price target from $175.00 to $155.00.
Shares of Walmart are trading down 8.16% over the last 24 hours, at $121.25 per share.
A move to $155.00 would account for a 27.84% increase from the current share price.
Walmart Issues Profit Warning, But These 6 Analysts Remain Optimistic On The Retail Giant
Walmart Inc (NYSE: WMT) reduced its guidance for the current quarter and full year, citing rising prices for food and fuel. Here are the reactions of six top analysts.
RBC Capital Markets On Walmart
BMO Capital Maintains Outperform on Walmart, Lowers Price Target to $160
BMO Capital analyst Kelly Bania maintains Walmart (NYSE:WMT) with a Outperform and lowers the price target from $165 to $160.
Amazon.com To $170? Plus This Analyst Lowers Price Target On Meta Platforms
Credit Suisse cut the price target for Amazon.com, Inc. (NASDAQ: AMZN) from $185 to $170. However, Credit Suisse analyst Stephen Ju maintained the stock with an Outperform rating. Amazon shares fell 4.1% to $116.17 in pre-market trading.
This Analyst Cuts Price Target On Ford, General Motors; Also Check Out Some Other Major PT Changes
JP Morgan cut the price target on Ford Motor Company (NYSE: F) from $21 to $19. However, JP Morgan analyst Ryan Brinkman maintained Ford with an Overweight. Ford shares fell 0.6% to $12.77 in pre-market trading.
Cowen & Co. Maintains Outperform on Walmart, Lowers Price Target to $150
Cowen & Co. analyst Oliver Chen maintains Walmart (NYSE:WMT) with a Outperform and lowers the price target from $180 to $150.
UBS Maintains Buy on Walmart, Lowers Price Target to $152
UBS analyst Michael Lasser maintains Walmart (NYSE:WMT) with a Buy and lowers the price target from $165 to $152.
Credit Suisse Maintains Outperform on Walmart, Lowers Price Target to $133
Credit Suisse analyst Robert Moskow maintains Walmart (NYSE:WMT) with a Outperform and lowers the price target from $155 to $133.