Food Retail

Bank of America has upgraded Casey's General Stores (NASDAQ: CASY) from Neutral to Buy and has raised the price objective from $47 to $49.

Citigroup has lowered price targets on the following companies: CVS Caremark (NYSE: CVS) Buy, PT from $46.00 to $41.00 Kroger (NYSE: KR) Hold, PT from $26.00 to $25.00 SuperValu (NYSE: SVU) Hold. PT from $9.00 to $8.00 Safeway (NYSE: SWY) Hold, PT from $23.00 to $20.00 Walgreen (NYSE: WAG)...

Susser Holdings Corporation (NASDAQ: SUSS) shares rose 2.73% to create a new 52-week high of $19.93. SUSS shares have surged 69.14% over the past 52 weeks, while the S&P 500 index has gained 4.84% in the same period. STAAR Surgical Company (NASDAQ: STAA) shares gained 2.16% to create a new 52-...

The US Equity market had another volatile week and stocks have struggled to attain new highs.  Investors with exposure to gold and bonds have done well this month and I've reiterated a relative momentum ETF strategy that has capitalized on this trend by investing in GLD, IEF, TIP, and PCY. Now you...

Benchmark is out with its report today on The Pantry (NASDAQ: PTRY), maintaining Buy. In its report, Benchmark writes, "We continue to believe in the turnaround strategy of this management team. Our price target is $20.00, based on 6.5x our 2011 EBITDA estimate. Given the upside to our price...

Winn-Dixie Stores, Inc. (NASDAQ: WINN), announced today it will convert all SaveRite-branded grocery stores to conventional Winn-Dixie-branded stores and discontinue the SaveRite banner. “Phasing out the SaveRite banner makes sense and supports Winn-Dixie's neighborhood marketing strategy. For...

Shares of The Kroger Co. (NYSE: KR) are lower on the session by 1.97%, currently trading at $22.92. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

Reed's, Inc. (NASDAQ: REED) announced today that it has gained expanded distribution in all Winn-Dixie supermarket locations in the southern region. Founded in 1925, Winn-Dixie Stores (NASDAQ: WINN) is headquartered in Jacksonville, Florida. The Company currently operates 484 stores in 21 DMAs...

Shares of SUPERVALU (NYSE: SVU) are higher on the session by 10.09%, trading at $7.42. Overall call volume is now running at 3.89x the daily average, with 79% of all calls traded being purchases on the offer. 9,652 contracts have traded on the session so far. SUPERVALU Inc. is a United States...

Bank of America has raised the price objective on Susser Holdings (NASDAQ: SUSS) from $18 to 420 and maintains its Buy rating.

Benchmark has published a report on The Pantry, Inc (NASDAQ: PTRY) lowering the price target. In the report, Benchmark wrote, "Despite the light revenues and promotional activity to introduce higher margin food items, we believe management continues to move in the right direction. Established new...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Mercer International (NASDAQ: MERC) is a “winning stock." For Carbo Ceramics (NYSE: CRR), he said, "I prefer Core Labs (NYSE: CLB) because it's more consistent." Cramer said that he is “sticking with Cliffs Natural Resources (...

Shares of Safeway (NYSE: SWY) are lower on the session by 3.44%, trading at $19.25. Overall put volume is now running at 7.65x the daily average, with 90% of all puts traded being purchases on the offer. 7,504 contracts have traded on the session so far. Safeway Inc. is a food and drug retailer...

Citi reiterated its Hold rating on Supervalu (NYSE: SVU). At the same time, the rating agency left its price target on the company's stock unchanged at $9. On Monday, SVU closed the day at $8.35.

Jefferies is out with its report today on Winn-Dixie Stores (NASDAQ: WINN), maintaining Buy. In its report, Jefferies writes, "Winn-Dixie posted better-than-expected 4Q11 sales, suggesting building top-line momentum as our research has indicated steadily improving trends and signs of better...