Micron downgraded, Kroger upgraded with positive outlook on earnings and growth

From Investing.com: 2024-06-23 04:19:12

InvestingPro subscribers receive exclusive access to market-moving rating changes. JPMorgan upgraded Ollie’s Bargain Outlet, foreseeing robust growth in same-store sales and double-digit unit expansion by FY25. Kroger was upgraded to Outperform by BMO Capital with a $60 price target, projecting increased Q1 earnings and secure gross margins. Wolfe Research upgraded iRhythm Technologies to Outperform, with a $115 price target, citing favorable valuation and revenue growth. Aletheia Capital downgraded Micron to Hold due to overvaluation, HBM3E execution concerns, and anticipated capital expenditure increase.



Read more at Investing.com: Micron downgrade, upgrade for Kroger By Investing.com