Now may not be the best time to accumulate shares of Kroger (KR) UBS says, raising its price...

|About: Kroger Co. (KR)|By:, SA News Editor

Now may not be the best time to accumulate shares of Kroger (KR) UBS says, raising its price target by a couple of bucks to $34 and saying that while the company turned in "clean EBIT growth" of 6% in Q1 ("as expected"), the shares are trading just above the target price and are up 26% Y/Y, meaning the market "fully appreciates the new growth model." Better bets might be WFM or TFM, analyst Jason DeRise says. (By contrast: Hilliard Lyons sees more upside for KR)