Walmart stock surged +4.13% to close at $124.06, hitting a 52-week high, driven by strong investor sentiment regarding its ongoing e-commerce expansion and strategic AI investments.
- Analyst firm Tigress Financial maintained positive coverage, setting a price target of up to $135.
- Positive momentum is further supported by recent wage increases implemented for pharmacy staff.
- The stock was trading slightly lower in after-hours at $123.83.