Stocks
M1 Capital Management Buys In to Walmart's Growth Story
M1 Capital Management LLC has acquired a new stake in Walmart Inc. (NASDAQ:WMT) shares, purchasing approximately 10,322 shares valued at $1,169,000.
This investment was disclosed to the Securities and Exchange Commission (SEC) in its most recent filing.
Others have also taken notice of Walmart's potential, with a number of institutional investors buying new stakes in the company during the second quarter.
The retailer has seen significant activity from analysts, with consensus price targets ranging from $128.43 to $138.50 and a moderate buy rating overall.