Walmart's (WMT) Fintech Valued At $2.5 Bln As Retailer Pumps In Cash - Bloomberg

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Walmart (WMT) PT Raised to $115 at Tigress Financial Partners

December 13, 2024 8:34 AM EST

Tigress Financial Partners analyst Ivan Feinseth raised the price target on Walmart (NYSE: WMT) to $115.00 while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and increase our 12-month target price to $115 as WMT continues to gain share across all income levels, and sustainable, strong gains in e-commerce and innovative advertising continue to drive growth, increasing market share gains and greater shareholder value creation. WMT continues to gain market share in the U.S., both in grocery and general merchandise, with upper-income households continuing to account for the majority... More