Barclays Cuts Kroger (KR) to Equalweight, Safeway (SWY) to Underweight

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In the Grocery space this morning, an analyst at Barclays Capital downgraded two stocks:

• Kroger (NYSE: KR) from Overweight to Equalweight, price target reduced from $24 to $21
  
• Safeway (NYSE: SWY) from Equalweight to Underweight, price target lowered from $20 to $19

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