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

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