From Financial Modeling Prep: 2024-12-05 07:00:00

In recent months, analysts have raised the average price target for Kroger stock to $73, up from $63 three months ago. Jefferies upgraded Kroger to a Buy rating, citing potential double-digit earnings growth, especially if the Albertsons deal closes. Kroger’s strategic financial moves, like retaining $6 billion of debt for share buybacks, could support its stock regardless of the deal outcome.



Read more at Financial Modeling Prep:: Kroger Co. (NYSE: KR) Stock Analysis: A Look into …