Reuters reported that, the Canadian unit of Wal-Mart (NYSE:WMT) will invest $750 million in 73 projects in the next 12 months, as it moves to stay ahead of Target (NYSE:TGT) and other competitors.Wal-Mart Canada operates 333 stores in the country, and plans to an additional 4.6 million square feet of retail space to its operations in the next year.Wal-Mart Stores (NYSE:WMT) has potential upside of 1.1% based on a current price of $61.88 and an average consensus analyst price target of $62.56.Wal-Mart Stores is currently above its 50-day moving average (MA) of $59.47 and above its 200-day of $55.30.
