Grocery Outlet Holding Corp. (GO) Tops Q4 EPS by 1c, Offers Guidance

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Go back to Grocery Outlet Holding Corp. (GO) Tops Q4 EPS by 1c, Offers Guidance

Grocery Outlet Holding (GO) PT Raised to $32 at Cowen

March 3, 2022 7:13 AM EST

Cowen analyst Oliver Chen raised the price target on Grocery Outlet Holding (NASDAQ: GO) to $32.00 (from $30.00) while maintaining an Outperform rating.

The analyst commented, "Demand backdrop appears more attractive, comps are trending +3% QTD, and we are optimistic momentum could accelerate in the near-term.... More