Telsey Advisory lowered the firm’s price target on Grocery Outlet (GO) to $17 from $20 and keeps an Outperform rating on the shares. The company reported “mixed” Q3 results and narrowed its 2025 outlook, the analyst tells investors in a research note. The firm believes Grocery Outlet continues to make progress on restructuring the business. It sees the company benefiting from lapping an easy December comparison.
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