UPDATE: Credit Suisse Reinstates Roundy's, Still Cautious on Core Valuation

In a report published Friday, Credit Suisse analyst Edward Kelly reinstated coverage on Roundy’s Supermarket (NYSE: RNDY ) with a Neutral rating and raised target price from $7.00 to $10.00. According to the report, the move followed the company’s purchase of 11 stores in Chicago from Safeway for $36M on