Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2023 Financial Results

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Grocery Outlet Holding (GO) PT Lowered to $37 at Telsey, 'Solid 4Q23 Results and 2024 Outlook'

February 28, 2024 5:14 AM EST

Telsey analyst Joe Feldman lowered the price target on Grocery Outlet Holding (NASDAQ: GO) to $37.00 (from $40.00) while maintaining a Outperform rating.

The analyst comments "Grocery Outlet reported better-than-anticipated 4Q23 results, reflecting the strength of the discount grocery business and gains from company-specific... More