UBS Starts WFM, TFM, RDK at Buy, KR, UNFI at Neutral, SWY at Sell

An analyst at UBS initiated coverage on a number of Retail Grocers Tuesday morning:

• Whole Foods (NYSE: WFM) with a Buy rating and a $100 price target
  
• The Fresh Market (NYSE: TFM) with a Buy rating and a54 $ price target
  
• Ruddick Corp. (NYSE: RDK) with a Buy rating and a $50 price target
  
• Kroger (NYSE: KR) with a Neutral rating and $25 price target
  
• United Natural Foods (Nasdaq: UNFI) with a Neutral rating and a $50 price target
  
• SAFEWAY (NYSE: SWY) with a Sell rating and $20 price target

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