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Wal-Mart Up 2% For The Week, Could Rise Another 4.3%, Vetr Crowd Says

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Shares of Wal-Mart Stores, Inc. (NYSE: WMT) have gained more than 2 percent over the week. The Vetr crowd seems to believe the rally will continue, as suggested by its average price target of $75.49, which implies a potential return of almost 4.3 percent from current valuations.

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Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on Wal-Mart’s stock on Friday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) - out of a possible 5.0 Stars rating.

Finally, it should be noted that, in accordance with the new rating, 52 percent of the crowd's ratings are bullish at the time.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above

Latest Ratings for WMT

DateFirmActionFromTo
Mar 2017Bank of AmericaMaintainsBuy
Feb 2017Bank of AmericaUpgradesNeutralBuy
Feb 2017SusquehannaInitiates Coverage OnPositive

View More Analyst Ratings for WMT
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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