Bearish
Walmart's stock drops 1.2% amid profit outlook concerns and insider share sales
In the past 24 hours, Walmart's stock declined by 1.2%, closing at $113.26. This downturn is attributed to a cautious profit outlook and recent insider share sales. Analysts maintain a 'Moderate Buy' rating with an average price target of $138.85.
Key points
- Walmart's stock fell 1.2% to $113.26 amid profit outlook concerns.
- Analysts hold a 'Moderate Buy' rating with a $138.85 price target.
- Insider share sales have been reported recently.
Sources
AI-generated from public news sources. Not financial advice.
