Core Insights - UBS has raised its price target for Walmart Inc. from $110 to $122, maintaining a Buy rating, reflecting confidence in the company's data strategy [3] - Walmart Data Ventures, established in 2021, leverages insights from approximately 270 million customers across 10,500 stores and online platforms in 19 countries [3][4] - The data infrastructure is seen as a key driver of Walmart's operations and long-term vision, influencing nearly every aspect of the business [4] Data Strategy and Competitive Advantage - Walmart Data Ventures provides high-quality, actionable first-party data to brands, suppliers, and merchants, enhancing efficiency and value within Walmart's ecosystem [4] - The data assets support Walmart's retail media operations and improve inventory management, presenting a competitive advantage that is hard for rivals to replicate [5] Dividend and Investment Appeal - Walmart has consistently increased its dividend payouts for 52 years, making it an attractive option for retirement portfolios [5] - As of October 27, Walmart's stock has a dividend yield of 0.90%, which keeps it appealing to investors [5]