Citi upgrades Safeway;
In the report, Citi said, ``We are upgrading SWY to Buy, from Neutral, based on: 1) topline growth driven by Just For You, a return to eating at home, and pharmacy share gains; 2) gross margin expansion from moderating inflation, falling gas prices, and reduced shrink; and 3) continued cost discipline.
Citi maintains a 'Hold' on Legg Mason Inc, raises price target from $29.50 to $33.50.