On Nov 07, major Wall Street analysts update their ratings for $Grocery Outlet (GO.US)$, with price targets ranging from $13 to $26.
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.
UBS analyst Mark Carden maintains with a hold rating, and adjusts the target price from $27 to $16.
Deutsche Bank analyst Krisztina Katai maintains with a buy rating, and adjusts the target price from $29 to $26.
TD Cowen analyst Oliver Chen downgrades to a hold rating, and adjusts the target price from $25 to $16.
Furthermore, according to the comprehensive report, the opinions of $Grocery Outlet (GO.US)$'s main analysts recently are as follows:
The company is centering its efforts on core business fundamentals.
Grocery Outlet's journey has been notably volatile, yet there's a sentiment that the most challenging times may have passed with the return of former CEO Eric Lindberg. The third quarter turned out to be more favorable than anticipated, while the outlook for the fourth quarter appears conservative. Looking ahead to 2025, there's an expectation of a gradual realignment with the company's historical performance trajectory, and the valuation multiples are currently at unprecedented lows.
The interim CEO of Grocery Outlet is anticipated to provide a positive and stabilizing influence while addressing prolonged technological system challenges, rebuilding connections with independent operators, and reinstating value pricing for customers. These are considered critical objectives. Nevertheless, a more cautious stance is adopted until there is greater assurance in the company's ability to fulfill its plan for future achievement.
Here are the latest investment ratings and price targets for $Grocery Outlet (GO.US)$ from 9 analysts:
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美东时间11月7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26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。
瑞士银行分析师Mark Carden维持持有评级，并将目标价从27美元下调至16美元。
德意志银行分析师Krisztina Katai维持买入评级，并将目标价从29美元下调至26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。
此外，综合报道，$Grocery Outlet (GO.US)$近期主要分析师观点如下：
公司正在将重点放在核心业务基本原则上。
Grocery Outlet的历程一直波动较大，但随着前首席执行官Eric Lindberg的回归，人们普遍认为最艰难的时期可能已经过去了。第三季度的表现比预期更为有利，而第四季度的展望则显得保守。展望到2025年，预计公司会逐渐重新与其历史性能轨迹实现重新调整，并目前估值倍数处于前所未有的低位。
Grocery Outlet的临时首席执行官预计会在应对长期技术系统挑战、重建与独立经营者的联系以及恢复为客户提供的价值定价方面发挥积极稳定的影响。这被认为是关键目标。然而，在公司能够实现未来成就计划的能力更有把握前，人们会持更谨慎的态度。
以下为今日9位分析师对$Grocery Outlet (GO.US)$的最新投资评级及目标价：
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