Walmart Seen Keeping Higher-End Consumers In Less Inflationary Environment

Walmart is a favorable combination of visible growth drivers and should see accelerating growth in a better economic environment, DA Davidson analysts say in a research note. The retail giant’s brand perception evolution means it should maintain new customers after inflation pushed more higher-end consumers into the company’s ecosystem, and its holiday season seems to have played out as planned, the analysts add. Still, Walmart needs to get faster when it comes to online deliveries. “As this improves, Walmart will continue to take online market share,” the analysts say. Shares rise 1.3% to $161.37.

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