Kroger (KR) volatility elevated into Q2 and commentary on Amazon (AMZN) competition
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Kroger (KR) PT Lowered to $19 at Jefferies Following 2Q Release
September 11, 2017 7:35 AM EDTJefferies lowered its price target on Kroger (NYSE: KR) to $19.00 (from $24.00) while maintaining a Hold rating following the company's 2Q release. KR reported an in-line adjusted EPS of $0.39 on respectable comps, but sequentially weaker FIFO EBIT margins/ROIC.
KR maintained its 2017 EPS... More
