Walmart price target raised to $86 from $75 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Walmart to $86 from $75 and keeps a Buy rating on the shares. Walmart continues to leverage technology and increase operation and execution excellence to gain market share and penetrate higher-income households, says the analyst, who notes that the firm’s raised target represents a total return with dividends of over 23% from current levels.