Melius Research upgraded Kroger (KR) to Hold from Sell with a $70 price target The firm cites Kroger’s cash flow, pharmacy tailwinds and digital progress for the upgrade.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KR:
- “Faster than Amazon” Walmart Stock (NYSE:WMT) Gains as its Delivery Achieves
- Consumer Reports says Kroger stores overcharging shoppers on sale items
- Kroger announces plans to hire 15,000 associates
- Kroger call volume above normal and directionally bullish
- Alpha Modus reaches settlement agreement with Kroger in patent litigation