Walmart (WMT) stock surged to an all-time high of $109.58 on November 26, fueled by robust sales expectations for Black Friday and the holiday season. The National Retail Federation anticipates 187 million shoppers, with an average expenditure of $890 on gifts and holiday items.BTIG has assigned Walmart a 'Buy' rating with a price target of $120, highlighting the company's effective omnichannel strategy and CEO Doug McMillon's leadership as pivotal for continued growth despite economic challenges.

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