Morgan Stanley Maintains Equal-Weight on Kroger, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on Kroger (NYSE:KR) and lowers the price target from $49 to $48.

June 16, 2023 | 1:00 pm
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Morgan Stanley maintains an Equal-Weight rating on Kroger and lowers the price target from $49 to $48.
Morgan Stanley's decision to maintain an Equal-Weight rating on Kroger indicates a neutral outlook for the stock. The lowered price target from $49 to $48 may have a minor negative impact on investor sentiment, but overall, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100