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Fly News Breaks for April 7, 2016
KR
Apr 7, 2016 | 07:11 EDT
Wells Fargo notes that Kroger has underperformed versus staples stocks since reporting its Q4 results. The firm says that the company lacks near-term catalysts, but it contends that the company's long-term growth opportunities are intact, while its fiscal 2016 guidance will probably prove to be conservative. Consequently, Wells believes that the stock's decline has created a buying opportunity for longer term investors. Wells reiterates an Outperform rating on the shares.
News For KR From the Last 2 Days
KR
Apr 24, 2024 | 15:11 EDT
VP of Kroger, Mary Ellen Adcock, disclosed the sale of 82,806 shares of company stock at $55.61 per share on April 23, for a total transaction amount of $4,605,189.
