- BofA analyst Robert Ohmes downgraded Grocery Outlet Holding Corp GO to Underperform from Neutral with a price target of $23, down from $26.
- The analyst expects the company to have challenges on sales and margins in 2022.
- Ohmes added that the valuation of Grocery Outlet is extended based on its return on invested capital relative to its peers under his coverage.
- Price Action: GO shares are trading lower by 2.79% at $24.74 in premarket on the last check Wednesday.
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GOGrocery Outlet Holding Corp
$15.92-0.69%
Edge Rankings
Momentum
23.45
Growth
52.67
Quality
19.85
Value
56.86
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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