UPDATE: Bank of America Upgrades Safeway to Neutral on Moderating Identical Sales Risk
Bank of America upgraded Safeway (NYSE: SWY) from Underperform to Neutral and raised the price objective from $18.00 to $24.00.
Bank of America said, "With signs of company initiatives supporting improved sales trends (SWY 4Q12 volumes grew +0.3% – the first positive volume growth in 4 years by our estimates) and stabilizing operating margins (4Q12 o
Tags:
UPDATE: Bank of America Upgrades Safeway to Neutral on Moderating Identical Sales Risk,
Bank Of America Latest News