Published 2 days ago • loading... • Updated 2 days ago
Walmart Climbs 3% on Deutsche Bank Upgrade; Costco and Target Tick Up
Deutsche Bank said sticky inflation and Walmart’s e-commerce and delivery growth could help drive share gains, with 39 of 44 analysts rating it buy or strong buy.
Deutsche Bank just handed Walmart a rare upgrade while the broader retail sector slid lower, and the reason behind that split tells you something important about where defensive money is quietly moving.