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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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
