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Notable Analyst Rating Changes 8/23: (CF) (FBNC) (OA) Upgraded; (RMC) (FHN) (OAS) Downgraded

Go back to Notable Analyst Rating Changes 8/23: (CF) (FBNC) (OA) Upgraded; (RMC) (FHN) (OAS) Downgraded

Oppenheimer Cuts Price Target on Kroger (KR) to $40 Ahead of 2Q

August 24, 2016 9:54 AM EDT

Oppenheimer maintained an Outperform rating on Kroger (NYSE: KR), and cut the price target to $40.00 (from $42.00), ahead of the company's 2Q earnings report. Sentiment remains negative toward KR shares as Oppenheimer expects management will likely cut both Comp and EPS guidance.

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