UBS has raised its price target for Walmart Inc. to $100, maintaining a Buy rating, citing strong third-quarter results and a promising growth outlook. The retailer"s transition into a dynamic ecosystem is expected to enhance sales and earnings, paralleling past successful transformations. Analysts from multiple firms remain optimistic, highlighting Walmart"s robust performance, including a 22% increase in U.S. e-commerce sales and a 28% rise in global advertising revenue.
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