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Walmart (WMT) PT Raised to $196 at Tigress Financial Partners
October 24, 2023 4:37 PM EDTTigress Financial Partners analyst Ivan Feinseth raised the price target on Walmart (NYSE: WMT) to $196.00 while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on WMT and increase our 12-month target price to $196 as it continues to grow revenue and gain market share driven by its value, convenience, expanding grocery offerings, ongoing digital initiatives, and expanding omnichannel shopping model. WMT continues to benefit from consumers pursuing value pricing on food and personal care products along with its ongoing technological advancements that improve the consumer shopping experience and enhance its... More
