Jefferies bullish on Kroger stock: merger upside and buybacks fuel ...

Dec 3, 2024  · On Tuesday, Jefferies analyst has upgraded the stock rating of Kroger Co . (NYSE: NYSE:KR) from Hold to Buy, with a new price target set at $73.00, up from the previous …


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Jefferies Bullish On Kroger Stock: Merger Upside And Buybacks Fuel ...

2 weeks from now

Dec 3, 2024  · On Tuesday, Jefferies analyst has upgraded the stock rating of Kroger Co . (NYSE: NYSE:KR) from Hold to Buy, with a new price target set at $73.00, up from the previous …

investing.com

$73.00
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Jefferies Bullish On Kroger Stock: Merger Upside And Buybacks Fuel ...

2 weeks from now

Dec 3, 2024  · On Tuesday, Jefferies analyst has upgraded the stock rating of Kroger Co . (NYSE: NYSE: KR) from Hold to Buy, with a new price target set at $73.00, up from the previous …

investing.com

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Kroger Upgraded To Buy From Hold At Jefferies - MSN

2 weeks from now

If the deal does not close, Kroger keeps $6B of debt it raised for the merger, acting as support for the stock and driving earnings upside via share buybacks, the analyst tells investors in a ...

msn.com

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Kroger Upgraded To Buy From Hold At Jefferies - Markets Insider

2 weeks from now

Dec 3, 2024  · If the deal does not close, Kroger keeps $6B of debt it raised for the merger, acting as support for the stock and driving earnings upside via share buybacks, the analyst tells …

businessinsider.com

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Jefferies Upgrades Kroger (KR) - Nasdaq

2 weeks from now

Dec 3, 2024  · Fintel reports that on December 3, 2024, Jefferies upgraded their outlook for Kroger from Hold to Buy.. Analyst Price Forecast Suggests 1.83% Upside. As of December 3, 2024, …

nasdaq.com

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Street Fight: Jefferies Ups Kroger To Buy As BMO Moves To Sidelines

2 weeks from now

Dec 3, 2024  · If the deal does not close, Kroger keeps $6B of debt it raised for the merger, acting as support for the stock and driving earnings upside via share buybacks, Jefferies tells …

businessinsider.com

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Street Fight: Jefferies Ups Kroger To Buy As BMO Moves To Sidelines

2 weeks from now

BUY KROGER: Jefferies upgraded Kroger to Buy from Hold with a price target of $73, up from $54. The firm says that if the if the Albertsons deal closes, it sees a path to double-digit …

tipranks.com

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Kroger And Albertsons Are Spending Billions On Stock Buybacks …

2 weeks from now

1 day ago  · Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and …

nbcnews.com

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These Analysts Boost Their Forecasts On Kroger - Benzinga

2 weeks from now

1 day ago  · Following the termination of the merger agreement, Kroger will redeem $4.7 billion in senior notes issued on August 27, 2024. Kroger shares gained 3.1% to trade at $63.20 on …

benzinga.com

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Kroger Rises After Jefferies Upgrades Stock To 'buy' - TradingView

2 weeks from now

Dec 3, 2024  · ** Food retailer Kroger's KR shares rise ~1% to $60.72 premarket ** Brokerage Jefferies upgrades stock to "buy" from "hold"; co set to report Q3 results on Dec. 5 ** Says KR …

tradingview.com

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Kroger’s (KR) $7.5B Stock Buyback Plan Sparks Investor Optimism

2 weeks from now

2 days ago  · Grocery retailer Kroger (KR) has announced a $7.5 billion stock buyback program following the termination of its $24.5 billion merger with Albertsons (ACI). This new …

nasdaq.com

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Jefferies Upgrades Kroger To Buy Amid Bullish Outlook

2 weeks from now

Dec 3, 2024  · Jefferies upgraded Kroger (NYSE:KR) to Buy from Hold, with an average one-year price target of $61.25/share, representing a 1.83% increase from its latest closing price. The …

ainvest.com

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Jefferies Upgrades Kroger To Buy, Price Target Is $73

2 weeks from now

Dec 3, 2024  · Jefferies Upgrades Kroger to Buy, Price Target is $73 05:25am: MT Kroger Extends Deadline for Exchange Offers for Albertsons Notes Dec. 02: MT Melius Adjusts Price Target …

marketscreener.com

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Kroger Stock Pops To Record High: Buyback Bonanza, …

2 weeks from now

3 days ago  · Kroger stock climbed out of range from a 58.34 buy point. KR stock had popped 5.1% on Tuesday on the merger ruling, rebounding from its 50-day moving average and …

investors.com

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Kroger Stock: Analysts Forecast New Highs, Merger Or Not

2 weeks from now

Jun 21, 2024  · Kroger Pops On Solid Results, Reaffirmed Guidance. Kroger had a decent quarter with revenue of $45.3 billion, growing 0.3% and exceeding expectations for a modest decline. …

marketbeat.com

FAQs about Jefferies bullish on Kroger stock: merger upside and buybacks fuel ... Coupon?

What happens if Kroger merger doesn't close?

If the deal does not close, Kroger keeps $6B of debt it raised for the merger, acting as support for the stock and driving earnings upside via share buybacks, the analyst tells investors in a research note. ...

Why did Jefferies upgrade Kroger to buy?

More bullish on the name, however, Jefferies upgraded Kroger to Buy, citing Albertsons (ACI) deal closing, path to double-digit earnings and 30%-plus free cash flow accretion potential. Unlock your investing potential with TipRanks Premium - Now At 40% OFF! ...

Will Kroger & Albertsons merge?

The potential merger between Kroger (KR) and Albertsons (ACI) is drawing mixed reviews from Wall Street analysts. Jefferies analysts upgraded Kroger from Hold to Buy, expressing confidence in the company's potential upside, regardless of the outcome of the Albertsons acquisition. ...

Why did Kroger and Albertsons repurchase shares?

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors. America’s two largest grocery store operators had argued that they’d be better able to lower prices for shoppers by joining forces. ...

Why are Kroger (KR) shares under pressure on Tuesday?

Shares of Kroger (KR) are under pressure on Tuesday after BMO Capital downgraded the stock to Market Perform as valuation expansion beyond current levels would likely require stronger grocery market share trends and/or upward earnings revisions. ...

Should you Buy Kroger if Albertsons deal closes?

BUY KROGER: Jefferies upgraded Kroger to Buy from Hold with a price target of $73, up from $54. The firm says that if the if the Albertsons deal closes, it sees a path to double-digit earnings and 30%-plus free cash flow accretion potential via right-sizing of Albertsons’ working capital. ...

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