Grocery Outlet Holding (GO) PT Lowered to $32 at Craig-Hallum

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Grocery Outlet Holding (GO) PT Lowered to $22 at Roth/MKM

May 9, 2024 5:06 AM EDT

Roth/MKM analyst Bill Kirk lowered the price target on Grocery Outlet Holding (NASDAQ: GO) to $22.00 (from $27.00) while maintaining a Neutral rating.

THe analyst comments "GO reported comp sales of +3.9% (cons. +2.3%), but profitability fell short. Similarly, forward guidance was raised for comp... More