Form 8-K Grocery Outlet Holding For: Aug 10

Go back to Form 8-K Grocery Outlet Holding For: Aug 10

Grocery Outlet Holding (GO) PT Lowered to $36 at Cowen

August 11, 2021 6:26 AM EDT

Cowen analyst Oliver Chen lowered the price target on Grocery Outlet Holding (NASDAQ: GO) to $36.00 (from $42.00) while maintaining an Outperform rating.

The analyst commented, "3Q comps (10%) slightly ahead of Cowen's & Street's (11%) est., but QTD (6%) and outlook for 3Q & 4Q down mid-single digit (4Q... More