Walmart Inc. shares could surge more than 30% in the next 12 months even as grocery inflation eases. Find out more.
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. After surging 35 per cent from a June 2022 trough and adding more than US$100 billion in market value, its shares closed Monday near their all-time high set in April last year.There’s more upside to come, according to analyst Edward Yruma. He upgraded the retailer to overweight in a Monday note and boosted his price target to a Street-high US$210 from US$145 — well above Monday’s closing price of US$159.30.
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