Deutsche Bank upgrades Walmart (WMT.US) to "Buy": price target jumps to $136, inflationary environment becomes a "tailwind" for market share expansion

Zhitong Finance APP has learned that Walmart (WMT.US) shares have drawn investor attention after Deutsche Bank upgraded the retailer's rating from "Neutral" to "Buy" and raised its target price from $113 to $136. According to reports, the bank believes Walmart stock faces a more favorable setup as it heads toward 2027. Deutsche Bank said the current inflationary environment should reinforce Walmart's value proposition and accelerate its market share gains.