Citigroup Initiates Wal-Mart At Neutral

Analysts at Citigroup initiated coverage on Wal-Mart Stores

with a Neutral rating. The target price for Wal-Mart Stores is set to $80. Wal-Mart shares have gained 1.32% over the past 52 weeks, while the S&P 500 index has surged 16.96% in the same period. Wal-Mart's shares fell 0.43% to close at $75.77 on Friday.