Wal-Mart Stores was upgraded to overweight from neutral by J.P. Morgan, which said there's a "respectable entry point." It said Wal-Mart's consumer image is truning more favorable, the margin drains from international are subsiding and management is revising its capital allocations.
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Sources :
- Fox Business: Wal-Mart Upped To Overweight By J.P. Morgan, November 03, 2008
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