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Benjamin Edwards Inc. Has $74.80 Million Stock Position in Walmart Inc. $WMT
Benjamin Edwards Inc. has reduced its stake in Walmart Inc. by 20.5%, now holding 671,349 shares valued at $74.8 million. Despite insider selling, analyst sentiment remains positive with a consensus “Buy” rating and an average price target of $137.79, following strong quarterly earnings and positive strategic developments. Walmart also announced a quarterly dividend and continues to expand its operations with new milk-processing facilities and store upgrades.