Wal-Mart Up 2% For The Week, Could Rise Another 4.3%, Vetr Crowd Says
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
|Mar 2017||Bank of America||Maintains||Buy|
|Feb 2017||Bank of America||Upgrades||Neutral||Buy|
|Feb 2017||Susquehanna||Initiates Coverage On||Positive|
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