Walmart price target raised to $125 from $120 at Tigress Financial

Tigress Financial raised the firm’s price target on Walmart (WMT) to $125 from $120 and keeps a Buy rating on the shares. Q2 results demonstrated “robust” sales growth as well as significant advancements in the digital and omnichannel segments and increased operating efficiency, notes the analyst, who points out that the firm’s price target represents a total return with dividends of close to 30% from current levels.