- JPMorgan upgrades Kroger (KR) to an Overweight rating from Neutral.
- The investment firm says valuation on Kroger is justified by its growth track after the grocery store operator has shown an edge over peers in driving comp sales through innovation.
- M&A watch: There has been some chatter in the grocery store sector that Kroger could make a run at buying Safeway.
Things are getting interesting at Kroger
Feb 26 2014, 07:20 ET