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Safeway’s Target, Estimates Cut at Goldman Sachs

SWY  

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - June 18, 08:53AM from (www.dividend.com)

Supermarket chain operator Safeway Inc. (SWY) on Monday caught some bearish commentary from analysts at Goldman Sachs. The firm maintained its "Sell" rating on SWY and lowered its price target to $17. That new target suggests a 5% downside to the stock's Friday closing price of $17.97. Goldman Sachs also cut its earnings estimates for ...

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