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SuperValu spikes after glowing RBC call

Mar. 23, 2017 10:18 AM ETSUPERVALU Inc. (SVU) StockSVUBy: Clark Schultz, SA News Editor2 Comments
  • Supervalu (NYSE:SVU) is up 10.03% after RBC Capital upgrades the grocery store stock to Outperform.
  • "With easing deflation/eventual inflation, a very strong wholesale win pipeline, and under-appreciated real estate portfolio, we believe SVU is very attractive," writes analyst William Kirk.
  • It's not too late to jump on RBC's bull call as the firm's price target of $6 implies +70% upside potential.

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