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Vetr Upgrades Walmart After Brief Retail Scare

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The Vetr crowd on Tuesday upgraded its rating on Wal-Mart Stores, Inc. (NYSE: WMT) from 1.5 stars (Strong Sell), issued 11 days ago, to 3 stars (Hold). Crowd sentiment at the time of the upgrade was edging negative, with 58 percent of Vetr user ratings bullish.

Share price in Walmart has receded somewhat since gaining some momentum in the previous week to get within a dollar of its current all-time high at $89.35. The stock is now heading into November lower due mostly to fears surrounding brick-and-mortar retailers off of lowered guidance from J C Penney Company Inc (NYSE: JCP) . Walmart finished the month at $87.31.

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Currently, the Vetr crowd's average price target on Wal-Mart is up at $87.81, which is well above the average analyst price taget of $74.24. Less than 2 percent of Vetr users are holding WMT in their watch-lists.

Latest Ratings for WMT

DateFirmActionFromTo
Feb 2021Morgan StanleyMaintainsOverweight
Feb 2021Morgan StanleyMaintainsOverweight
Feb 2021Raymond JamesMaintainsOutperform

View More Analyst Ratings for WMT
View the Latest Analyst Ratings

 

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Posted-In: VetrUpgrades Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
ETSYRoth CapitalMaintains245.0
SRTSRoth CapitalMaintains6.0
CZRRoth CapitalMaintains134.0
WWDA DavidsonMaintains33.0
ABNBDA DavidsonMaintains210.0
View the Latest Analytics Ratings
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