Walmart resumed with a Hold at Deutsche Bank

Deutsche Bank analyst Krisztina Katai resumed coverage of Walmart (WMT) with a Hold rating and $119 price target The firm resumed coverage of the broadlines and food retailers. Deutsche expects 2026 to be another “mixed year,” characterized by food disinflation, reduced government benefits, and consumers’ value focus extending into the new year. The analyst says that while defensive sectors such as food retail could face a challenging setup, “there are tailwinds on the horizon,” including a sizable stimulus in the first half of 2026.