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Walmart’s (WMT) Technology Push Draws Optimism From Tigress Financial
Yahoo Finance· 2026-01-31 13:40
Core Insights - Walmart Inc. is recognized as one of the 12 Best Stocks to Buy for the Long Term [1] - Tigress Financial has raised Walmart's price target to $135 from $130, citing the company's increased use of AI and automation to enhance customer experience and revenue growth [2] Group 1: Technology and Operations - Walmart is enhancing its digital and pharmacy-based healthcare services by promoting approximately 3,000 pharmacy technicians to operations team lead positions, increasing their average hourly pay from $22 to $28 [3] - The new team leads will manage daily pharmacy operations and support pharmacy managers, with total pay potential reaching $42 an hour, excluding bonuses [4] - Walmart's technology-driven approach includes a vast network of retail and wholesale stores, e-commerce platforms, and mobile apps, contributing to a significant increase in online sales [5] Group 2: Financial Performance - Walmart raised its full-year outlook for the second time in November, driven by strong quarterly performance and a notable increase in online sales [5]