On Nov 06, major Wall Street analysts update their ratings for $Grocery Outlet (GO.US)$, with price targets ranging from $13 to $23.
Morgan Stanley analyst Simeon Gutman maintains with a sell rating, and adjusts the target price from $23 to $13.
BofA Securities analyst Robert Ohmes maintains with a hold rating, and maintains the target price at $17.
Wells Fargo analyst Anthony Bonadio maintains with a buy rating, and adjusts the target price from $26 to $23.
TD Cowen analyst Oliver Chen downgrades to a hold rating, and adjusts the target price from $25 to $16.
Craig-Hallum analyst Jeremy Hamblin maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Grocery Outlet (GO.US)$'s main analysts recently are as follows:
Grocery Outlet's journey has resembled a rollercoaster, with the perspective that the most challenging times may have passed as the former CEO resumes leadership. The third quarter performance was more favorable than anticipated, and despite a seemingly modest outlook for the fourth quarter, there is a potential gradual return to the algorithm by 2025, while the valuation multiple continues to be at historically low levels.
Grocery Outlet's Interim CEO is anticipated to provide a positive and stabilizing influence, focusing on resolving ongoing tech systems challenges, improving relations with independent operators, and reinstating value pricing for customers. Yet, a cautious approach is being adopted until there is greater assurance of the company's capability to implement its strategic plan for future success.
Here are the latest investment ratings and price targets for $Grocery Outlet (GO.US)$ from 5 analysts:
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美东时间11月6日，多家华尔街大行更新了$Grocery Outlet (GO.US)$的评级，目标价介于13美元至23美元。
摩根士丹利分析师Simeon Gutman维持卖出评级，并将目标价从23美元下调至13美元。
美银证券分析师Robert Ohmes维持持有评级，维持目标价17美元。
富国集团分析师Anthony Bonadio维持买入评级，并将目标价从26美元下调至23美元。
TD Cowen分析师Oliver Chen下调至持有评级，并将目标价从25美元下调至16美元。
Craig-Hallum分析师Jeremy Hamblin维持持有评级。
此外，综合报道，$Grocery Outlet (GO.US)$近期主要分析师观点如下：
grocery outlet的历程就像过山车一样，前首席执行官恢复领导之职意味着最具挑战性的时期可能已经过去。第三季度的表现比预期的更为有利，尽管第四季度的前景看似适度，但到2025年可能会逐渐回归算法，估值倍数仍然处于历史低位。
grocery outlet的临时首席执行官被认为将发挥积极和稳定的影响，专注解决持续存在的技术系统挑战，改善与独立运营商的关系，为顾客恢复价值定价。然而，在公司能够实施未来成功战略计划的能力更加有保证之前，采取了谨慎的态度。
以下为今日5位分析师对$Grocery Outlet (GO.US)$的最新投资评级及目标价：
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