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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美東時間11月7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26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。
瑞士銀行分析師Mark Carden維持持有評級，並將目標價從27美元下調至16美元。
德意志銀行分析師Krisztina Katai維持買入評級，並將目標價從29美元下調至26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。
此外，綜合報道，$Grocery Outlet (GO.US)$近期主要分析師觀點如下：
公司正在將重點放在覈心業務基本面上。
grocery outlet的歷程一直相當波動，但隨着前首席執行官Eric Lindberg的回歸，人們普遍認爲最具挑戰性的時期可能已經過去。第三季度的業績結果比預期更爲有利，而第四季度的前景似乎保守。展望2025年，預期逐漸與公司歷史業績軌跡重新對齊，目前估值倍數創下前所未有的低點。
grocery outlet的臨時首席執行官預計將發揮積極穩定作用，解決長期的技術系統挑戰，重建與獨立經營者的聯繫，併爲客戶恢復價值定價。這些被視爲關鍵目標。然而，在公司能夠實現未來成就計劃的更大保證之前，將採取更加謹慎的立場。
以下爲今日9位分析師對$Grocery Outlet (GO.US)$的最新投資評級及目標價：
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