Walmart price target raised to $75 from $65 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Walmart to $75 from $65 and keeps a Buy rating on the shares. The firm, which expects Walmart to continue to benefit from “operating, merchandising, and execution excellence” as well as ongoing growth in ecommerce and advertising, notes that its increased price target represents a total return with dividends of over 23% from current levels.