Grocery Outlet Launches Private Label Program, GO Brands

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Goldman Sachs Reiterates Sell Rating on Grocery Outlet Holding (GO)

September 4, 2024 4:02 PM EDT

Goldman Sachs analyst Kate McShane reiterated a Sell rating and $19.00 price target on Grocery Outlet Holding (NASDAQ: GO).

The analyst comments "Bottom line: GO's long-term algorithm remains focused on driving top-line growth coupled with stable margins. Management believes its differentiated offering of value,... More