Morgan Stanley Raises Kroger Price Target, Maintains Equal Weight Rating

Reported about 18 hours ago

Morgan Stanley has increased its price target for Kroger (KR) to $76 while maintaining an Equal Weight rating. The firm indicates cautious optimism regarding Kroger's growth trajectory, with earnings growth expected to accelerate despite current challenges. With a 20-year dividend track record and a solid market position, Kroger appears resilient, although competition and demand issues remain concerns.

Source: YAHOO

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