Tigress Financial raised the firm’s price target on Walmart (WMT) to $130 from $125 and keeps a Buy rating on the shares. The firm said that technology-driven scale and AI acceleration increasingly position the retail giant to deliver greater customer value, drive significant revenue and profitability growth, and create long-term shareholder value. The company also continues to strategically reinvest its substantial cash flow to accelerate innovation in cutting-edge technologies, including generative AI, advanced robotics, and real-time automation, the analyst tells investors in a research note.
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