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Fly News Breaks for September 13, 2019
KR
Sep 13, 2019 | 07:48 EDT
Morgan Stanley analyst Simeon Gutman does not view Kroger pulling its previous 2020 guidance as a surprise, stating that this underscores industry challenges that he does not believe are likely to abate. While he sees limited signs of a core sales and profit inflection at Kroger, he also views the stock's valuation as "undemanding," which along with stabilizing trends should limit the stock's downside. Gutman maintains an Equal Weight rating and $26 price target on Kroger following the company's "fine" Q2 results.
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.
