Grocery Outlet Holding Corp. (GO) Announces CEO Transition

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BofA Securities Downgrades Grocery Outlet Holding (GO) to Neutral

October 30, 2024 11:53 AM EDT

BofA Securities analyst Robert Ohmes downgraded Grocery Outlet Holding (NASDAQ: GO) from Buy to Neutral with a price target of $17.00 (from $29.00).

The analyst comments "We downgrade GO to Neutral (from Buy) and lower our PO to $17 based on 17-18x... More