Jefferies raises its price target on Wal-Mart (WMT +0.8%) up to $90 as it sees the aggressive...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

Jefferies raises its price target on Wal-Mart (WMT +0.8%) up to $90 as it sees the aggressive e-commerce initiative of subsidiary Asdia in the U.K. paying off. Though only a small piece of the overall WMT pie, gains in the U.K. could set the stage for gains in other European nations.