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Benzinga
Benzinga
Business
Priya Nigam

Kroger Posts Q1 Beat: Analyst Raises Price Target To Reflect Continued Growth, Market Share Gains

Kroger Food

Kroger Co.'s (NYSE:KR) first-quarter results reflected that the company "continues to execute well, leveraging its fresh and own brands assortments, robust loyalty program, and enhanced digital capabilities," according to Telsey Advisory Group.

The Kroger Analyst: Analyst Joseph Feldman reiterated an Outperform rating and raised the price target from $73 to $82.

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