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Stop & Shop Notes Upgraded's Investor Service has upgraded its rating on Stop & Shop Cos. senior subordinated notes due 2002 to Ba2 from Ba3.Moody's, which is based in New York, said the upgrade is based on the company's leading market position, strong sales and earnings, declining leverage and the absence of major debt maturities until 1998."The new rating level also recognizes the company's aggressive

Stop & Shop Notes Upgraded

's Investor Service has upgraded its rating on Stop & Shop Cos. senior subordinated notes due 2002 to Ba2 from Ba3.

Moody's, which is based in New York, said the upgrade is based on the company's leading market position, strong sales and earnings, declining leverage and the absence of major debt maturities until 1998.

"The new rating level also recognizes the company's aggressive capital expenditures program and the uncertainty a

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