By  on February 22, 2008

Wal-Mart's fashion star is rising just as Target's appears to be waning.

Two days after Wal-Mart Stores Inc. said early spring sales of its private label apparel, where key items cost $10, were "very promising as a leading indicator," Target Corp.'s stock fell Thursday in the wake of a Citigroup downgrade that found fault with the firm's women's apparel offerings. Wal-Mart's shares, in contrast, rose.

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