Mizuho trims WMT price target to $125, maintains Outperform
Sep 29, 2026, 10:39 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The target cut and unchanged Outperform, coupled with immediate stock weakness and a death cross, imply near-term price pressure despite upside potential from the new PT. Similar moves have pressured stocks in the days following target revisions, though longer-term upside can still emerge if key levels are reclaimed.
AI summary
What happened, with direct paths to the underlying reporting
Rising near-term selling pressure follows Mizuho's price-target cut to $125 on Walmart and continued underperformance versus peers. Despite the move, the firm keeps an Outperform rating and a bullish consensus remains. Key technicals show the stock below all major moving averages, with a death cross in July, signaling potential for a rebound if reclaiming levels.
Mizuho cuts WMT PT to $125 from $130; Outperform rating unchanged.
WMT trades below 20/50/100/200-day MAs; July death cross biases down.
Analysts remain bullish: 25 Buy, 2 Hold; average PT $131.
Resistance at $109.50; support at $102.00.
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StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.
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