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Walmart's stock drops 1.8% after Mizuho cuts price target to $125.
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Walmart's stock declined by 1.8% following Mizuho's downgrade, reducing the price target from $130 to $125. Despite this, the broader analyst consensus remains positive, with a 'Moderate Buy' rating and an average price target of $131.88.
Points clés
- Analyst Downgrade: Mizuho lowers Walmart's price target to $125, maintaining an 'outperform' rating.
- Positive Earnings Report: Walmart reported $0.81 EPS and $187.94 billion in revenue, exceeding expectations.
- Institutional Investment: Proficio Capital Partners increased its stake in Walmart by 16.3% in Q2.
Sources
Généré par IA à partir de sources d'actualités publiques. Ceci n'est pas un conseil financier.
