Walmart (WMT) received a significant price target increase from Truist Securities, which raised its target to $127 from $119, citing strong performance across segments and market share gains from convenience options.
- WMT is currently trading slightly higher today at $115.58 (+0.13%).
- The upgrade follows recent analyst optimism, including price targets of $125 from BTIG and $117 from Evercore ISI, contributing to a consensus Strong Buy rating.