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The Zhitong Finance App learned that the Walmart (WMT.US) stock price attracted investors' attention. Previously, Deutsche Bank raised the retailer's rating from “neutral” to “buy” and raised the target price from 113 US dollars to 136 US dollars. According to reports, the bank believes that Walmart shares face a more favorable allocation environment as they move towards 2027. Deutsche Bank said that the current inflationary environment should reinforce Walmart's value proposition and accelerate the increase in its market share.
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The Zhitong Finance App learned that the Walmart (WMT.US) stock price attracted investors' attention. Previously, Deutsche Bank raised the retailer's rating from “neutral” to “buy” and raised the target price from 113 US dollars to 136 US dollars. According to reports, the bank believes that Walmart shares face a more favorable allocation environment as they move towards 2027. Deutsche Bank said that the current inflationary environment should reinforce Walmart's value proposition and accelerate the increase in its market share.
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