Walmart stock edges up after Mizuho target hike as investors brace for U.S. jobs data
Walmart shares rose 0.8% to $113.62 midday Monday after Mizuho raised its price target to $125 and reiterated an Outperform rating. The stock lagged a broader retail rally, with the SPDR S&P Retail ETF up 1.7%. Walmart traded between $112.15 and $113.73, about 3% below its 52-week high. Investors await key U.S. economic data and Walmart’s Feb. 19 earnings.