Mizuho raises Walmart's price target to $115, emphasizing its tech capabilities and growth potential.

From Yahoo Finance: 2025-06-29 03:02:00

Walmart Inc. (NYSE:WMT) is highlighted as one of the top 10 consumer defensive stocks to buy now. Mizuho analysts have raised Walmart’s price target to $115 from $105, maintaining an Outperform rating. They praise Walmart’s shift to a tech-enabled powerhouse with enhanced delivery capabilities, positioning it well in the omnichannel retail space.

Mizuho’s bullish call on Walmart (WMT) is supported by the company’s strong growth in grocery and general merchandise e-commerce. Walmart’s focus on faster delivery and digital infrastructure gives it a competitive edge in the evolving retail landscape. Mizuho views Walmart as a top beneficiary of industry digitization and recommends it as a leading stock in the consumer sector.

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Read more at Yahoo Finance: Mizuho Raises Walmart (WMT) Price Target, Maintains Outperform Rating