Goldman Sachs stays bearish on Kroger (KR) despite improved FY11 EPS guidance, reiterating a...

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

Goldman Sachs stays bearish on Kroger (KR) despite improved FY11 EPS guidance, reiterating a Sell rating and trimming its price target a half dollar to $21. Analysts with the firm caution that the grocery chain saw its comparable store sales decouple from economic indicators and see little room for squeezing profits on items. Shares -0.5% premarket.