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Kroger Co (KR) volatility increases as shares pull back into Q3

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Jefferies Cuts Price Target on Kroger (KR) to $30 Following 3Q and Guidance

December 2, 2016 8:19 AM EST

Jefferies maintained a Hold rating on Kroger (NYSE: KR), and cut the price target to $30.00 (from $32.00), following the company's 3Q earnings report. Adjusted EPS of $0.41 was in line with the consensus estimate. KR lowered its F16 EPS guidance to $2.10-2.15 from $2.10-$2.20, and... More