By and  on February 4, 2013

Retail stocks fell today and shares of Wal-Mart Stores Inc. weighed on the Dow Jones Industrial Average after J.P. Morgan downgraded the discounter’s stock to neutral from overweight.

J.P. Morgan analyst Christopher Horvers said Wal-Mart improved last year, having added more stockkeeping units to its stores and “successfully returning to price/assortment leadership after wandering off the path.”

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