SUPERVALU to Explore Separating Its Save-A-Lot Business
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Telsey Upgrades SUPERVALU (SVU) to Outperform
July 29, 2015 6:51 AM EDTTelsey upgraded SUPERVALU (NYSE: SVU) from Market Perform to Outperform with a price target of $12.00.
For an analyst ratings summary and ratings history on SUPERVALU click here. For more ratings news on SUPERVALU click here.
Shares of SUPERVALU closed at $8.14 yesterday.
... MoreMorgan Stanley Upgrades SUPERVALU (SVU) to Equalweight
July 29, 2015 6:50 AM EDTMorgan Stanley upgraded SUPERVALU (NYSE: SVU) from Underweight to Equalweight with a price target of $9 (unchanged).
For an analyst ratings summary and ratings history on SUPERVALU click here. For more ratings news on SUPERVALU click here.
Shares of SUPERVALU closed at $8.14 yesterday.
... MoreSUPERVALU (SVU) Will Explore Separation of Save-A-Lot Unit
July 28, 2015 8:02 AM EDTSUPERVALU (NYSE: SVU) announced that it is exploring a separation of its Save-A-Lot business, and that as part of that process it has begun preparations to allow for a possible spin-off of Save-A-Lot into a stand-alone, publicly traded company.
Save-A-Lot is a leading national hard discount retailer with over 1,300 total stores, comprised of approximately 430 corporate stores and approximately 900 stores operated by licensee owners, and we believe... More
