April 8 (Reuters) - Digital marketing company Ibotta,

backed by Walmart ( WMT ), said on Monday it was targeting a

valuation of up to $2.55 billion in its U.S. initial public

offering.

Ibotta said the company and its selling stockholders were

looking to sell nearly 5.6 million shares at a price range of

$76 and $84 each to raise up to $472.5 million.

The company is looking to gain from a rebound in the U.S.

IPO market after a two-year slump as expectations grow for a

soft landing of the economy.

Strong market debuts by chip firm Astera Labs ( ALAB ) and

social media platform Reddit ( RDDT ) last month have also

encouraged companies to move ahead with their listing plans.

Ibotta is selling nearly 2.5 million shares, while the

selling stockholders are offering about 3.1 million shares in

the IPO.

Goldman Sachs, Citigroup Global Markets, and BofA Securities

are the lead underwriters for the offering.

Ibotta will list on the New York Stock Exchange under ticker

symbol "IBTA".

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by

Sonia Cheema and Shinjini Ganguli)