Kroger names PepsiCo executive David Kennerley as CFO
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Guggenheim Reiterates Buy Rating on Kroger (KR)
February 12, 2025 10:16 AM ESTGuggenheim analyst John Heinbockel reiterated a Buy rating and $71.00 price target on Kroger (NYSE: KR)
The analyst comments "The hiring of a seasoned Pepsico (PEP) executive as permanent CFO nearly completes CEO Rodney McMullens executive team following a period of above-average... More
Evercore ISI on Kroger (KR): 'Constructive on KR at 12x PE'
February 12, 2025 9:41 AM ESTEvercore ISI analyst Michael Montani reiterated an Outperform rating and $75.00 price target on Kroger (NYSE: KR).
The analyst comments "Kroger today announced the results of its CFO succession plan with David Kennerley (formerly VP and CFO PepsiCo Europe) named CFO, and Interim CFO Todd Foley retiring after a 1Q transition period. Davids appointment is the culmination of an extensive search for former SVP & CFO Gary Millerchips... More
