7/1022 sources · 12 publishersUpdated Oct 20, 18:53 UTC
Deutsche Bank upgrades Walmart to Buy and lifts price target to $136
Deutsche Bank raised its rating on Walmart Inc. from Hold to Buy on October 15, 2026 and increased its price target from $113 to $136. The bank cited inflation‑driven pricing power, market‑share gains and margin expansion from higher‑margin businesses. Following the note, Walmart shares jumped between 2.3% and 3% in pre‑market trading.
Why it matters
The upgrade and higher target suggest a potential upside of roughly 17% from the prior close, which could attract buying interest and lift the stock’s short‑term momentum (Deutsche Bank’s note says).
Key facts
- 1Deutsche Bank upgraded Walmart to Buy from Hold on October 15, 2026. marketscreener.com
- 2The bank raised its price target to $136 from $113. marketscreener.com
- 3Walmart shares rose 2.3% in pre‑market trading to about $118.77. finance.biggo.com
- 4Analyst Krisztina Katai highlighted inflation‑driven pricing tailwinds and higher‑margin business growth. finance.biggo.com
- 5The upgrade was based on valuation, EPS revisions and visibility metrics. marketscreener.com
Open questions
- Different pre‑market price levels reported: $119.40, $119.39, $118.77.
Summary written by AlphAI AI Desk from 20 of 22 sources. Not investment advice. Figures are as stated by the linked sources.