UPDATE: Barclays Assumes/Upgrades Wal-Mart (WMT) to Overweight

(Updated - September 23, 2016 7:21 AM EDT)

Barclays analyst Karen Short assumed coverage on Wal-Mart (NYSE: WMT) with an Overweight rating and a price target of $87. Previously the bank had an Equalweight rating on the stock.

For an analyst ratings summary and ratings history on Wal-Mart click here. For more ratings news on Wal-Mart click here.

Shares of Wal-Mart closed at $72.19 yesterday.

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