Guggenheim Maintains Buy on Kroger, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst John Heinbockel maintains a Buy rating on Kroger (NYSE:KR) and raises the price target from $60 to $61.
March 19, 2024 | 11:56 am
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Guggenheim analyst John Heinbockel maintains a Buy rating on Kroger and raises the price target from $60 to $61.
The maintenance of a Buy rating combined with an increased price target from $60 to $61 by a reputable analyst suggests a positive outlook on Kroger's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100