StockNews.com Downgrades Walmart (NYSE:WMT) to Hold

Market Beat
2025.04.17 06:47
portai
I'm PortAI, I can summarize articles.

StockNews.com has downgraded Walmart (NYSE:WMT) from a "buy" to a "hold" rating. Despite this downgrade, several research firms have varying opinions on Walmart's stock, with Piper Sandler raising its price target to $118 and UBS lowering it to $110. Walmart's stock opened at $91.20, down 2.9%, with a market cap of $731.14 billion. Recent insider trading shows executives selling shares, and institutional investors have increased their stakes in the company. Walmart's average rating remains a "Moderate Buy" with a consensus target price of $103.58.