BMO Capital Reiterates Outperform, Top Defensive Pick on Walmart (WMT) After Analyst Update Meeting
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46 Buy, 12 Hold, 3 Sell
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BMO Capital analyst Kelly Bania reiterated an Outperform rating and $170.00 price target on Walmart (NYSE: WMT).
"We attended WMT’s shareholder/associate celebration/analyst update meeting in Bentonville, AR and highlight 10 key take-aways from the 2-day event on Thursday and Friday late last week. We come away remaining bullish on WMT’s positioning from both a micro and macro standpoint. We reiterate WMT as our top defensive pick and our $170 target price."
For an analyst ratings summary and ratings history on Walmart click here. For more ratings news on Walmart click here.
Shares of Walmart closed at $148.82 yesterday.
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