SUPERVALU Reports Third Quarter Fiscal 2016 Results
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January 14, 2016 1:22 PM EST
SUPERVALU (NYSE: SVU) was defended by analysts at Pivotal Research Thursday. Shares declined in the wake of Q3 results. Analyst Ajay Jain said he was stunned by the markets reaction to results and stated that "panic selling seems unwarranted."
"Conceptually, we think that most investors still dont... More
January 14, 2016 8:38 AM EST
Telsey downgraded SUPERVALU (NYSE: SVU) from Outperform to Market Perform.
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 $5.08 yesterday.
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January 14, 2016 7:09 AM EST
RBC Capital maintained a Sector Perform rating on SUPERVALU (NYSE: SVU), and cut the price target to $7.00 (from $8.00), following the company's 3Q earnings report. SUPERVALU reported adj. 3Q16 EPS of $0.16 on $4.11bn of revenue, compared to consensus estimates of $0.16 and $4.16bn. Save-A-Lot's comp store... More
