7 Analysts Assess Grocery Outlet Holding: What You Need To Know
Portfolio Pulse from Benzinga Insights
Grocery Outlet Holding (NASDAQ:GO) has received mixed analyst ratings over the past three months, with a shift towards more neutral stances and lowered price targets. The average 12-month price target has decreased by 18.08% to $23.43. Despite this, the company shows strong financial performance with positive revenue growth, high net margins, and effective debt management.
September 23, 2024 | 9:01 pm
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Grocery Outlet Holding has received mixed analyst ratings, with a shift towards neutral and lowered price targets. The average price target has decreased by 18.08% to $23.43. Despite this, the company shows strong financial performance with positive revenue growth and high net margins.
The mixed analyst ratings and lowered price targets suggest a neutral short-term impact on the stock price. However, the company's strong financial performance, including positive revenue growth and high net margins, may provide support to the stock, balancing the negative sentiment from analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100