WMT Target cut · GradedCalls Analysts

GradedCalls Analysts

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Joseph Feldman cut the WMT target

Recommendation

Target cut

Desk rating stays Outperform

Price target

$130.00

Prior $140.00

Price at call

$103.70

Adjusted close

Direction for grading

Buy

Buy, Hold, or Sell bucket used by the score.

WMT prices are adjusted for splits and dividends (3-for-1 on 26 Feb 2024). The price at the call, the target, and later prints use the same scale.

Target cut to $130 from $140; Outperform kept.

Note restates the rating and target from the source. It is not a quotation of a research report.

The grade

The large number is the GC score for that window, on the GC Scale from 1 to 10. GC 1 is a poor track record. GC 10 is an excellent one. The same card shows the full score out of 100. 70+ is STRONG, 40–69 PROVISIONAL, under 40 WEAK; a graded 0 is EXIT LIQUIDITY. A graded score of exactly 0 is an empty glass at 0% and reads EXIT LIQUIDITY. The badge is a dash, not GC 1. An open horizon stays ungraded and reads Not graded yet. A hit is a full direction match. Near-misses earn 35 of 70 direction points and do not count in the hit rate.

2 weeks after the call

Hit

8/10GC 1 → GC 10

Score 70/100

STRONG

GC 8–10. At or above 70 is STRONG on the GC Scale.

Price at call: $103.70
Price after: $107.14
Forward return: +3.3%
Direction points: 70 / 70
Target points: 0.0 / 30
Target error: 22.0%
If followed: +3.3%

Direction for grading is Buy. That bucket expects the shares to rise at least 1% over 2 weeks.

30D

30 days after the call

Hit

8/10GC 1 → GC 10

Score 70/100

STRONG

GC 8–10. At or above 70 is STRONG on the GC Scale.

Price at call: $103.70
Price after: $106.73
Forward return: +2.9%
Direction points: 70 / 70
Target points: 0.0 / 30
Target error: 22.4%
If followed: +2.9%

Direction for grading is Buy. That bucket expects the shares to rise at least 2% over 30 days.

60D

60 days after the call

This window has no recorded price yet, so the call stays ungraded. Open windows are left out of hit rate and score.

Direction for grading is Buy. That bucket expects the shares to rise at least 4% over 60 days.

90D

90 days after the call

This window has no recorded price yet, so the call stays ungraded. Open windows are left out of hit rate and score.

Direction for grading is Buy. That bucket expects the shares to rise at least 5% over 90 days.

1 year after the call

This window has no recorded price yet, so the call stays ungraded. Open windows are left out of hit rate and score.

Direction for grading is Buy. That bucket expects the shares to rise at least 8% over 1 year.