As reported by Bijié Wǎng, Walmart (WMT) stock reached a record high of $109.58 on November 26, driven by strong sales expectations for Black Friday and the holiday season. The National Retail Federation (NRF) forecasts 187 million shoppers, with an average spending of $890 on gifts and holiday goods. BTIG has given Walmart a 'Buy' rating with a $120 price target, citing its omnichannel strategy and CEO Doug McMillon's leadership as key factors for sustained growth amid macroeconomic pressures.
Walmart (WMT) Stock Hits All-Time High Ahead of Black Friday
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