Goldman Sachs Added Kroger (KR) to the Conviction Buy List, Citing "Reflation"

Goldman Sachs added Kroger (NYSE: KR) to the Conviction Buy List, with a $27 12-month price target, as a play on resurgent inflation.

The firm said, "believe a return to moderate food inflation (versus deflation today) will benefit the entire sector and that Kroger, as the industry leader with the strongest comp momentum, is one of the best ways to take advantage of "reflation."

Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php

You May Also Be Interested In

• Goldman Sachs Says Buy Shire plc (SHPGY) On Recent Weakness, Keeps Top Rating
• Barclays Lowers PT and Estimates on Royal Bank of Canada (RY); Coming Off The Bandwagon
• Needham & Company Reiterates a 'Buy' on UQM Technologies (UQM); Increasing EV Adoption

Create E-mail Alert Related Categories

Analyst Comments, Trader Talk

Related Entities

Goldman Sachs Conviction Buy List

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?

Follow StreetInsider.com On Twitter