Core Viewpoint - Tigress Financial maintains a "Buy" rating for Walmart and raises the price target from $125 to $130, reflecting strong confidence in the company's future performance as its shares reach an all-time high [1][5] Group 1: Financial Performance - Walmart reported impressive revenue of $179.5 billion in the third quarter, indicating strong performance among high- and middle-income consumers [3][5] - The company raised its fiscal 2026 outlook, further demonstrating its positive financial trajectory [5] Group 2: Market Activity - Walmart's stock is currently priced at $114.45, reflecting a 1.78% increase or $2, with fluctuations between $112.22 and $114.89, the latter being its highest price over the past year [1][3] - The market capitalization of Walmart is approximately $912.17 billion, highlighting its significant presence in the retail sector [4] Group 3: Strategic Achievements - Recent success is attributed to strategic achievements, including a strong earnings report and record-breaking holiday sales, with U.S. online spending during Black Friday increasing by 9.1% to $11.8 billion [2][5] - Walmart's AI-powered shopping assistant, Sparky, has effectively guided customer purchases, contributing to the company's recent performance [2]
Walmart (NYSE: WMT) Stock Update: Tigress Financial Maintains "Buy" Rating with Increased Price Target