Fly News Breaks for May 21, 2019
KR
May 21, 2019 | 08:08 EDT
As previously reported, Bernstein analyst Brandon Fletcher upgraded Kroger to Outperform from Market Perform saying that its market valuation has had a tough start this year and that he believes it is at a level where short-term and long-term capabilities are not being completely factored in. Short-term margin pressures are likely to abate, he adds, while Kroger is assembling the pieces to be a top 3 player in low-cost, convenient omnichannel.
News For KR From the Last 2 Days
KR
Apr 16, 2024 | 05:13 EDT
Wells Fargo analyst Edward Kelly upgraded Kroger to Overweight from Equal Weight with a price target of $65, up from $58.