Deutsche Bank upgraded Walmart to buy from hold, arguing that sticky inflation will make the retailer more attractive to consumers and boost its shares. It raised its price target to $136 from $113, implying about 17% upside from Wednesday's close. Analyst Krisztina Katai expects faster market share gains as Walmart shifts toward e-commerce, expands its online marketplace and prioritizes delivery. Its AI shopping assistant Sparky is also expected to lift sales, as customers using it reportedly have baskets about 40% larger. Of 44 analysts covering the stock, 39 rate it buy or strong buy and five hold, according to LSEG data, and shares are up more than 4% year to date.
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