Here’s Why Kroger Shares Have Surged Nearly 13% As The Market Plunges

Crucial statistics:

Wall Street analysts are quite bullish on the stock: 22 of them give it either a “buy” or “hold” rating, while just one gives it a “sell” rating, according to Bloomberg data. Firms like Guggenheim and Telsey Advisory Group see the stock rising to $37 per share and $39 per share, respectively, while other firms like JPMorgan put the price target at current levels of around $32 per share.

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