SUPERVALU Comments on Full Year Outlook
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RBC Capital Cuts Price Target on SUPERVALU (SVU) to $6; Reiterates Sector Perform
September 9, 2016 7:49 AM EDTRBC Capital reiterated a Sector Perform rating on SUPERVALU (NYSE: SVU), and cut the price target to $6.00 (from $7.00), after the company adjusts outlook. SUPERVALU lowered its FY17 adjusted EBITDA outlook and 2Q identical store sales guidance for SaveA-Lot and its Retail segment.... More
