BofA analyst Robert Ohmes downgraded Grocery Outlet (GO) to Neutral from Buy with a price target of $17, down from $29.
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Read More on GO:
- Grocery Outlet price target lowered to $26 from $28 at Wells Fargo
- Grocery Outlet Holding Announces Leadership Change and Growth Forecast
- Grocery Outlet sees Q3 revenue $1.1B, consensus $1.09B
- Grocery Outlet sees FY24 revenue over previous guidance $4.30B-$4.35B
- Grocery Outlet appoints Eric Lindberg as Interim Presidente and CEO