KR Cuts Forecasts
Analysts lower price targets on Kroger following Q1 earnings report
The Kroger Co. (NYSE: KR ) on Thursday reported mixed first-quarter results. 59. 47 billion.
Kroger affirmed its fiscal 2026 outlook for identical sales, excluding fuel, to increase 1% to 2%. 27. 0 billion. CEO Greg Foran said, “I joined Kroger because I believe it represents the best opportunity in retail.
We serve millions of families every day, in our stores and online. We have the right stores in the right places, unmatched customer insights, and the ability to win. Our focus is clear: to become America’s best grocer. 99 on Monday.
These analysts made changes to their price targets on Kroger following earnings announcement. Morgan Stanley analyst Simeon Gutman maintained the stock with an Equal-Weight rating and lowered the price target from $73 to $67. Barclays analyst Seth Sigman maintained the stock with an Equal-Weight rating and cut the price target from $68 to $61. Considering buying KR stock?
Here’s what analysts think: Photo via Shutterstock