RBC Capital Downgrades SUPERVALU (SVU) to Sector Perform Following Acquisition
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Pivotal Research Upgrades SUPERVALU (SVU) to Hold
July 27, 2018 7:30 AM EDTPivotal Research upgraded SUPERVALU (NYSE: SVU) from Buy to Hold with a price target of $32.50 (from $26.00).
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 $32.17 yesterday.
... MoreCredit Suisse Upgrades SUPERVALU (SVU) to Neutral Following Acquisition
July 27, 2018 5:00 AM EDTCredit Suisse upgraded SUPERVALU (NYSE: SVU) from Underperform to Neutral with a price target of $32.50 (from $16.00).
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 $32.17 yesterday.
... MoreUnited Natural Foods (UNFI) to Acquire SUPERVALU (SVU) in $2.9B Deal
July 26, 2018 7:35 AM EDTUnited Natural Foods, Inc. (NASDAQ: UNFI) and SUPERVALU INC. (NYSE: SVU) today announced that they have entered into a definitive agreement under which UNFI will acquire SUPERVALU for $32.50 per share in cash, or approximately $2.9 billion, including the assumption of outstanding debt and liabilities.
"This transaction accelerates UNFI's "Build out the Store" growth strategy by immediately enhancing our product range, equipping us to bring an attractive, comprehensive product portfolio to an expanded universe of customers," said Steve Spinner, UNFI's Chief Executive Officer and Chairman. "Combining our leading position in... More
