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Shares of this retail giant have outperformed the broader market over the past year.
Walmart's U.S. e-commerce operations were profitable all year and now comprise 23% of total sales.
KEY POINTS
- The company's fast delivery under 3 hours grew over 60% due to automation and improved inventory technology.
- Walmart's AI shopping assistant Sparky increased order values by 35% for users.
- Analyst consensus on Walmart stock is more bullish than last month, with increased 'Strong Buy' ratings.
- Morgan Stanley raised Walmart's price target to $140, signaling a 9.7% potential upside.
COMPANIES
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