DA Davidson analyst Michael Baker raised the firm’s price target on Walmart (WMT) to $150 from $135 and keeps a Buy rating on the shares. The company’s “flywheel” was on full display in Q4 as the management is leveraging past investments in Automation, AI/Agentic Commerce and Alternative Businesses to drive margin currency, which is invested back in price and convenience, the analyst tells investors in a research note. Walmart is consistently beating their 4% sales and 4%-8% operating profit algorithm, the firm added.
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