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tz-plus logo Stocks in Action USA: Penske Automotive, Alphabet, and Walmart

L. Kulikov
Reading Time: 3 minutes

Walmart (WMT) – Deutsche Bank turns bullish: Inflation could become a growth driver! Walmart gains tailwind on the stock market: Deutsche Bank upgrades the stock from "Hold" to "Buy" and significantly raises the price target from $113 to $136. This implies a potential of around 15% based on the current price. The key point: In an inflationary environment, Walmart's price advantage could attract additional customers and accelerate market share growth. At the same time, the bank expects rising margins because higher-margin areas such as e-commerce,...

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