Tigress Financial maintained its Buy rating on Walmart and raised its price target to $135, citing the company's significant investments in AI across commerce, retail media, and supply chain automation.
- The firm specifically highlighted Walmart's tech-driven scale and integrations with OpenAI ChatGPT and Google Gemini to enhance customer value.
- The upgrade is supported by the company's massive trailing revenue of $703B.
- The stock closed at $117.73 and traded slightly lower at $117.51 in after-hours activity.