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BUZZ-Tesco: rallies after resolves pricing row with Unilever

Reuters - UK Focus

** Tesco (Swiss: TSCO.SW - news) +3.5 pct, top riser on UK's FTSE 100

** Tesco (Frankfurt: 852647 - news) , Unilever (NYSE: UL - news) settle prices row after pound's Brexit dive (Marmite, PG Tips sales had been halted on Tesco website on Thursday)

** Meanwhile, Bernstein raises Tesco TP by almost 14 pct to 250p, reiterates "outperform", saying turnaround plan is working

** "If Tesco stays on track with its current plan, we value Tesco at £3.25 two years from now" says Bernstein

** They add that not much recovery is priced in yet, despite the recent rally (£2.50 TP on a 1-yr basis)

** On Oct. 5 co's stock had best day in over 21 months on strong H1 results

** 5 of 21 brokerages rate the stock "buy" or higher, 8 rate "hold" and 8 rate "sell" or lower; median PT 192.5p

** Unilever shares -0.7%