Evercore ISI Group Maintains Outperform on Kroger, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Montani maintains an Outperform rating on Kroger (NYSE:KR) but lowers the price target from $56 to $54.
June 16, 2023 | 3:44 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on Kroger (NYSE:KR) and lowers the price target from $56 to $54.
Evercore ISI Group's lowered price target for Kroger may have a neutral short-term impact on the stock price. While the Outperform rating indicates a positive outlook, the reduced price target may cause some investors to reevaluate their positions. However, the overall sentiment remains positive, which may balance out any potential negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100