Kroger (KR) Removed from Evercore Tactical Outperform List, Adds Petco Health and Wellness (WOOF)
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Kroger (KR) PT Raised to $57 at BMO Capital
March 4, 2022 7:22 AM ESTBMO Capital analyst Kelly Bania raised the price target on Kroger (NYSE: KR) to $57.00 (from $41.00) while maintaining a Market Perform rating following results.
The analyst commented, "Kroger reported a strong end to F2022 on strong comps, supported by inflation and meaningful higher fuel... More
Petco Health and Wellness (WOOF) to Purchase Remaining Stake in Joint Venture with Thrive Pet Healthcare
March 3, 2022 4:32 PM ESTAs part of Petco Health and Wellness Company, Inc.'s (Nasdaq: WOOF) ongoing commitment to offer pet parents a one-stop solution to convenient, affordable, high-quality pet care, today, Petco and Thrive Pet Healthcare announced Petco has entered into a definitive agreement to purchase Thrive Pet Healthcare's 50% stake in the parties' pet hospital joint venture which currently operates nearly 100 full-service veterinary hospitals in Petco pet care centers across 14 U.S. states, under the THRIVE brand.
Petco and Thrive Pet Healthcare formed the strategic joint venture in May 2017 to meet all pet needs under one roof.... More
