Zacks Investment Research downgraded shares of INGLES MARKET A (IMKTA) from OUTPERFORM to NEUTRAL on August 06, 2013, with a target price of $31.80.
Ingles Markets, Incorporated is a leading supermarket chain with operations in the southeastern United States. Ingles' strategy is to locate its supermarkets primarily in suburban areas, small towns and rural communities, where management believes the market may be underserved by existing supermarkets.
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