Kroger stock falls after Amazon announces major grocery expansion

BofA Securities Downgrades Target (TGT) to Underperform

(Updated - August 15, 2025 6:12 AM EDT)

BofA Securities analyst Robert Ohmes downgraded Target (NYSE: TGT) from Neutral to Underperform with a price target of $93.00 (from $105.00).

The analyst comments "We downgrade TGT to Underperform (from Neutral) and lower our PO to... More

Mizuho on Target (TGT): 'Beauty Begins the Re-Positioning'

Mizuho analyst David Belinger reiterated a Neutral rating and $88.00 price target on Target (NYSE: TGT).

The analyst comments "Target (TGT) and Ulta (ULTA) are officially winding down their multi-year shop-in-shop relationship. This includes co-located selling space at 600+ Target stores, which are... More

Telsey on Amazon.com (AMZN): 'should continue to gain market share'

Telsey analyst Joseph Feldman reiterated an Outperform rating and $265.00 price target on Amazon.com (NASDAQ: AMZN)

The analyst comments "TAG View: Overall, this expansion to offer same-day delivery of perishable groceries creates a one-stop shop for an array of customer needs. Importantly, we believe this is a strong move for Amazon, deepening relationships with and share of wallet among its Prime member... More

Evercore ISI: 'Going Bananas Over AMZN's Grocery Growth Potential'

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $280.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Strategic Implications: This deepens AMZNs customer engagement by strengthening a high-frequency purchase category into the Prime ecosystem, increasing stickiness and customer lifetime value. The... More

Mizuho Reiterates Outperform Rating on Walmart (WMT)

Mizuho analyst David Bellinger reiterated an Outperform rating and $115.00 price target on Walmart (NYSE: WMT).

The analyst comments "Walmart (WMT) shares are trading lower this morning on news of Amazon (AMZN) turning on free same-day delivery for fresh groceries. The new initiative is... More