Walmart: 3 initiatives the retail giant is taking

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Walmart (WMT) has earned bullish sentiment from HSBC analysts, who express confidence in the retail giant's prospects. The firm has raised its price target on Walmart's stock from $70 to $81 while simultaneously reaffirming its Buy rating. HSBC commends the company's ability to rethink business strategies that fail to achieve desired results, demonstrating a commitment to boosting operational efficiency.

Yahoo Finance's Brooke DiPalma breaks down the details, discussing three key initiatives the company is undergoing to enhance the company.

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This post was written by Angel Smith