Melius Research Initiates Coverage On Kroger with Hold Rating, Announces Price Target of $55
Portfolio Pulse from Benzinga Newsdesk
Melius Research has initiated coverage on Kroger with a Hold rating and set a price target of $55.
September 23, 2024 | 5:28 pm
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Melius Research has initiated coverage on Kroger with a Hold rating and a price target of $55, indicating a neutral stance on the stock.
The Hold rating suggests that the analyst does not expect significant short-term movement in Kroger's stock price. The price target of $55 provides a benchmark for investors, but the neutral rating indicates no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100