STA Research Downgrades Walmart to a “Hold” on Valuation

Walmart Stock: Hits 20-Year High, But Is It All Shine?

Analyst Ratings Coverage

STA Research (Rank#83) just released a research report which shows they have downgraded its rating on Walmart’s stock from a “Buy” to a” Hold” rating. STA Research has also maintained the 12 month  target price of $150 per share.

STA Research’s decision to downgrade Walmart’s stock from Buy to Hold suggests a shift in their perspective on the company’s future performance, specifically to reflect its increased valuation as the stock has reached the high end of it’s historical trading value. A “Hold: rating indicates a more neutral stance, suggesting that STA Research believes Walmart’s stock is likely to perform in line with the broader market or its industry peers. This revision reflects STA Research’s assessment that the stock’s potential for further significant upside may be limited.

WMT Ratings by Stock Target Advisor

WMT Stock Forecast & Analysis

According to the analysis of 25 analysts, the average analyst target price for Walmart Inc over the next 12 months is projected to be USD 162.42. This indicates a potential upside for the stock in the coming year, as per the analysts’ forecasts. Furthermore, Walmart Inc’s average analyst rating is classified as Strong Buy, suggesting a consensus among analysts that the stock is highly favorable for investment.

Stock Target Advisor, an independent analysis platform, has provided their own assessment, categorizing their stock analysis of Walmart Inc as Neutral. This Neutral rating is derived from analyzing a combination of positive and negative signals related to the company. Stock Target Advisor has identified 7 positive signals and 7 negative signals, signifying a balance in their evaluation of Walmart Inc’s stock.

At the last closing, Walmart Inc’s stock price stood at USD 149.53. Over the past week, the stock price has experienced a slight decline of -1.98%, indicating some short-term negative momentum. However, over the past month, the stock price has remained relatively stable with a marginal increase of +0.01%. Looking at the longer-term performance, over the last year, the stock price has demonstrated substantial growth of +13.84%, reflecting a positive trend in its overall performance.

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