Pyinstaller AttributeError 'module' object has no attribute 'walk_stack'

When I want to install Pyinstaller module whit this command:

pip install pyinstaller==3.4

I got the following error:

Command "python setup.py egg_info" failed with error 1

I searched and found out that I should upgrade setuptools module:

pip install --upgrade setuptools

but I got this error:

AttributeError 'module' object has no attribute 'walk_stack'

and pip doesn't work no longer. What is the solution to solve this problem and successfully install Pyinstaller?

Configuration:

• OS: Windows 7
• Python: 3.4.3
• Pip: 6.0.8