Neutral feeling on Kroger from Wall Street

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

MoffettNathanson lowers Kroger (NYSE:KR) to a Neutral rating after having the grocery stock set at Buy. There are now more Neutral/Hold equivalent ratings from Wall Street analysts on Kroger than Buys.

The investment firm's price target of $27 reps 11% downside potential for shares.

Kroger is down 0.37% in premarket trading to $24.26 vs. a 52-week trading range of $19.69 to $31.45.

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