Guggenheim Securities Initiates SUPERVALU With Neutral

Analysts at Guggenheim Securities initiated coverage on

with a Neutral rating. The target price for SUPERVALU is set to $9. SUPERVALU shares have gained 4.57 percent over the past 52 weeks, while the S&P 500 index has surged 6.59 percent in the same period. SUPERVALU shares fell 3.86 percent to close at $8.47 yesterday.