Analysts at Jefferies downgraded Wal-Mart Stores WMT from Buy to Hold.
The target price for Wal-Mart Stores has been lowered from $89.00 to $76.00.
Wal-Mart Stores shares have declined 3.13% over the past 52 weeks, while the S&P 500 index has gained 14.20% in the same period.
Wal-Mart Stores' shares dropped 0.24% to $74.49 in pre-market trading.
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