Tigress Financial raises Walmart stock price target to $130 on AI growth

Bank of America has revised its inflation forecast ahead of the upcoming Consumer Price Index (CPI) report, reflecting ongoing concerns about rising prices impacting consumers across various sectors, including grocery and retail. This adjustment comes amid a backdrop of increasing costs that have affected everyday expenses for many Americans.

Walmart is experiencing rapid growth in e-commerce, prompting discussions about its valuation as it prepares to transition to Nasdaq. This shift reflects the company's strategic focus on digital innovation and market competitiveness.

Walmart is transitioning from the New York Stock Exchange (NYSE) to Nasdaq, marking a significant shift for the retail giant after 55 years on the NYSE. This move is driven by Walmart's rapid growth in e-commerce, prompting discussions about its valuation and future as it aligns more closely with technology companies.

A significant Class II cheese recall has been issued by Walmart, Target, Aldi, and other retailers, as announced by the U.S. Food and Drug Administration (FDA) on December 1. This recall comes shortly after the Thanksgiving holiday, prompting consumers to check their refrigerators for potentially contaminated products.