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.
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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
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