TD Cowen analyst Oliver Chen lowered the firm’s price target on Grocery Outlet to $35 from $39 and keeps an Outperform rating on the shares. The analyst said value drives upside and a compelling list of innovations are planned.
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- Grocery Outlet price target lowered to $34 from $38 at Deutsche Bank
- Craig-Hallum downgrades Grocery Outlet to Hold, cuts price target to $29
- Grocery Outlet downgraded to Hold from Buy at Craig-Hallum
- Grocery Outlet sees FY23 EPS 94c-99c, consensus $1.14
- Grocery Outlet reports Q4 EPS 25c, consensus 23c