UBS analyst Michael Lasser raised the firm’s price target on Walmart (WMT) to $113 from $100 and keeps a Buy rating on the shares. Walmart’s membership businesses, Walmart Plus and Sam’s Club, should be a significant growth driver for the enterprise, with membership alone providing 2%-3% EPS growth to Walmart’s overall algorithm, the analyst tells investors in a research note. In an upside case, the firm thinks membership revenue can contribute $5.8B in calendar 2026 revenue.
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