Walmart price target raised to $196 from $182 at Tigress Financial

Tigress Financial raised the firm’s price target on Walmart to $196 from $182 and keeps a Buy rating on the shares. Walmart continues to benefit from consumers pursuing value pricing and continues to gain market share driven by its value, convenience, expanding grocery offerings and ongoing digital initiatives, says the analyst, who notes that the firm’s 12-month target represents a total return with dividends of over 20% from current levels.