Jefferies Downgrades Wal-Mart Stores To Hold

Analysts at Jefferies downgraded Wal-Mart Stores (NYSE: 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.