Walmart Inc. (NASDAQ: WMT) is among the 12 Best DOW Stocks to Buy in 2026. Mizuho raised its price target on Walmart to $125 from $115, citing signs of strained consumer sentiment but strong spending underpinnings. Chewy is named as the Top Pick, with Walmart removed from the list.

TD Cowen analyst Chen sees Walmart’s leadership transition as strong, with CEO Doug McMillon reinforcing its competitive stance against Amazon. Incoming Walmart US CEO John Furner is praised for his operational experience and ability to manage people and technology.

Chen highlights Walmart US’s strong grocery business and growing profit engines like digital advertising and the marketplace. He acknowledges challenges like supply chain volatility and AI integration, but believes Walmart’s track record of execution gives it an edge in the retail market.

Read more at Yahoo Finance: Mizuho Raises Walmart (WMT) Target as Consumer Spending Shows Mixed Signals