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Kroger price target raised to $49 from $46 at Morgan Stanley
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Kroger price target raised to $49 from $46 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Kroger to $49 from $46 and keeps an Equal Weight rating on the shares with its estimates "moving higher again" based on steady execution, sticky inflation, and stable margins. However, it sees offsets that include slowing absolute EBIT growth and the overhang of disinflation/deflation, which it believes could weigh on sentiment.

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