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Benzinga
Benzinga
Business
Wayne Duggan

Analyst Upgrades Kroger On Market Share Gains, Sees Inflation As A Headwind In 2022

Kroger Co (NYSE:KR) shares have been strong performers in the past year, and one analyst said Wednesday the stock is set up well for another solid year in 2022, though there are some headwinds it will face.

The Analyst: Bank of America analyst Robert Ohmes upgraded Kroger from Underperform to Neutral and raised his price target from $38 to $52.

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