Walmart has partnered with Wing, a division of Alphabet, to expand drone delivery services, aiming to serve over 40 million US users by 2027 and establish more than 270 delivery points covering major metropolitan areas such as Los Angeles and Miami. Following the announcement, Walmart's stock price rose nearly 4%, and BTIG analysts issued a "Buy" rating for Walmart with a target price of $120, citing the company's effective online and offline integration strategy.
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Walmart has partnered with Wing, a division of Alphabet, to expand drone delivery services, aiming to serve over 40 million US users by 2027 and establish more than 270 delivery points covering major metropolitan areas such as Los Angeles and Miami. Following the announcement, Walmart's stock price rose nearly 4%, and BTIG analysts issued a "Buy" rating for Walmart with a target price of $120, citing the company's effective online and offline integration strategy.