UPDATE: Goldman Sachs Resumes Coverage on SUPERVALU with Neutral Rating, $5 PT on Wide Risk-Reward

In a report published Friday, Goldman Sachs analyst Stephen Grambling resumed coverage on SUPERVALU (NYSE: SVU ) with a Neutral rating and $5.00 price target. In the report, Grambling noted, “We have removed the NR designation from Supervalu, Inc. (SVU) shares following the sale of five banners to AB Acquisition