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Fly News Breaks for April 20, 2016
KR
Apr 20, 2016 | 06:39 EDT
Citi analyst Alvin Concepcion tells investors to "fill the cart" with shares of Kroger as they are "on discount." The company trades at a 16% discount to peers despite being one of the best run food retailers, Concepcion tells investors in a research note. Despite investor concerns, the analyst believes Kroger can achieve its FY16 ID sales guidance and earnings guidance. He keeps a Buy rating on the shares with a $47 price target.
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.