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:
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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美東時間11月6日，多家華爾街大行更新了$Grocery Outlet (GO.US)$的評級，目標價介於13美元至23美元。
摩根士丹利分析師Simeon Gutman維持賣出評級，並將目標價從23美元下調至13美元。
美銀證券分析師Robert Ohmes維持持有評級，維持目標價17美元。
富國集團分析師Anthony Bonadio維持買入評級，並將目標價從26美元下調至23美元。
TD Cowen分析師Oliver Chen下調至持有評級，並將目標價從25美元下調至16美元。
Craig-Hallum分析師Jeremy Hamblin維持持有評級。
此外，綜合報道，$Grocery Outlet (GO.US)$近期主要分析師觀點如下：
grocery outlet的發展類似過山車，前任CEO恢復領導之後，最具挑戰性的時期可能已經過去。第三季度表現比預期更爲有利，儘管第四季度前景似乎較爲溫和，但到2025年，公司有望逐漸恢復算法，估值多樣性仍然保持在歷史低位。
grocery outlet的臨時CEO預計將發揮積極穩定的影響，專注於解決持續存在的技術系統挑戰，改善與獨立運營商的關係，爲顧客恢復價值定價。然而，在對公司實施未來成功戰略計劃的能力更有保證之前，採取了謹慎的態度。
以下爲今日5位分析師對$Grocery Outlet (GO.US)$的最新投資評級及目標價：
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