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JPMorgan analyst Ken Goldman agreed. He said that previously, there were two reasons to own the stock: The possibility of turning around results, and the potential for a breakup of the business that could add value to the company. But those two possibilities seem less likely now, he said. Competitors have nimbly stepped up price competition and the turnaround is taking longer than first expected. He downgraded the stock to "Neutral" From "Overweight." Supervalu may not be done making changes. The company also said Wednesday that it is reviewing various options for the business. This type of review traditionally includes the possibility of selling the company.
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