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Grocery Outlet price target lowered to $17 from $20 at BofA

BofA analyst Robert Ohmes lowered the firm’s price target on Grocery Outlet (GO) to $17 from $20 and keeps a Neutral rating on the shares. The firm lowered its FY25 adjusted EPS view 18c to 72c, in line with initiated guidance for 70c-75c, the analyst tells investors in a post-earnings note.

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