TD Cowen analyst Oliver Chen lowered the firm’s price target on Grocery Outlet (GO) to $16 from $18 and keeps a Hold rating on the shares. The firm noted the new CEO, Jason Potter, impresses given a disciplined focus on merchandise and inventory fundamentals and execution gaps in tech systems, private label, and supply chain.
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Read More on GO:
- Grocery Outlet upgraded to Buy from Hold at Craig-Hallum
- Grocery Outlet upgraded to Equal Weight from Underweight at Morgan Stanley
- Grocery Outlet Reports Q2 2025 Financial Results
- Grocery Outlet reports Q2 adjusted EPS 23c, consensus 17c
- Grocery Outlet raises FY25 adjusted EPS view to 75c-80c from 70c-75c