Janney Sees SUPERVALU EPS Visibility 'Limited'

Janney analyst Jonathan Feeney said in an earlier note Supervalu's

EPS visibility is still limited and the recent deal to sell five brands doesn't improve the company's financial position. Janney rates SVU at Neutral with a fair value estimate of $3.50 per share. In midday trading, SVU is down 0.72% at $3.45 a share.