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KeyBanc Capital Markets analysts reiterates an Overweight rating for Walmart Inc (WMT)

Walmart Inc’s recent filing unveils that its Executive Vice President Christopher James Nicholas acquired Company’s shares for reported $1.71 million on Feb 21 ’25. In the deal valued at $97.21 per share,17,600 shares were bought.

Then, Bartlett Daniel J sold 1,600 shares, generating $166,384 in total proceeds. Upon selling the shares at $103.99, the Executive Vice President now owns 423,597 shares.

Before that, Bartlett Daniel J bought 1,600 shares. Walmart Inc shares valued at $166,294 were divested by the Officer at a price of $103.93 per share.

KeyBanc Capital Markets reiterated its Walmart Inc [WMT] rating to an Overweight in a research note published on December 11, 2024; the price target was $100. A number of analysts have revised their coverage, including DZ Bank’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Hold”. Telsey Advisory Group also remained covering WMT and reiterated its “an Outperform” recommendation on November 20, 2024. Bernstein started covering the stock on October 22, 2024. It rated WMT as “an Outperform”.

Price Performance Review of WMT

On Friday, Walmart Inc [NYSE:WMT] saw its stock fall -2.50% to $94.78. Over the last five days, the stock has lost -9.78%. Walmart Inc shares have risen nearly 4.90% since the year began. Nevertheless, the stocks have risen 61.69% over the past one year. While a 52-week high of $105.30 was reached on 02/14/25, a 52-week low of $57.60 was recorded on 01/02/25. SMA at 50 days reached $95.66, while 200 days put it at $80.10.

Levels Of Support And Resistance For WMT Stock

The 24-hour chart illustrates a support level at 93.65, which if violated will result in even more drops to 92.51. On the upside, there is a resistance level at 96.38. A further resistance level may holdings at 97.98. The Relative Strength Index (RSI) on the 14-day chart is 39.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.05%. Stochastics %K at 33.20% indicates the stock is a holding.

The most recent change occurred on October 14, 2024 when Oppenheimer resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $90.

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