Walmart price target raised to $127 from $119 at Truist

Truist raised the firm’s price target on Walmart (WMT) to $127 from $119 and keeps a Buy rating on the shares as part of a broader research note previewing 2026 for Hardlines/Broadlines Consumer names. With some slower consumer trends in the second half of FY25 consumers will remain choiceful in their shopping patterns, with a continued focus on “Value”, the analyst tells investors in a research note. For the company, Truist notes that top-line momentum remains robust as the company’s strong relative value continues to attract pressured consumers, while its growing convenience options allow it to increasingly drive share gains with higher income consumers.