Kroger (KR) call put ratio 1.1 calls to 1 put as shares sell off 12% after Q4 EPS and outlook

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Kroger (KR) PT Lowered to $36 at RBC Capital, Remains Bullish

March 9, 2018 7:28 AM EST

RBC Capital lowered its price target on Kroger (NYSE: KR) to $36.00 (from $38.00) while maintaining an Outperform rating following results.

Analyst William Kirk expects increased reinvestments to generate quick returns despite investors being spooked by the company's year-over-year margin contraction and weaker margin outlook.

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