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Kroger Buying Whole Foods Would Be 'Uncharacteristic' Says Citi
Friday, October 7, 2016 - 10:36am | 459Read More...There have been unconfirmed media reports regarding Kroger Co (NYSE: KR) offering to acquire Whole Foods Market, Inc. (NASDAQ: WFM) for $40 per share. “While WFM could complement the KR portfolio, we believe there are challenges that reduce the likelihood and could be uncharacteristic for...
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Citi Raises Big Lots Price Target By 17% On Evolving Story
Monday, June 6, 2016 - 7:41am | 311Read More...Big Lots, Inc. (NYSE: BIG) reported strong 1Q16 results. Citi’s Alvin C Concepcion maintained a Buy rating for the company, while raising the price target from $53 to $62. Following Big Lots’ 1Q results, analyst Alvin Concepcion raised the EPS estimates for FY17, FY18 and FY19 from...
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Citi: Buy Walgreens' Core, Rite Aid Is A Bonus
Friday, February 5, 2016 - 9:54am | 306Read More...Walgreens Boots Alliance Inc (NASDAQ: WBA) shares have been volatile over th past month, and are down 9 percent since January 4. Citi’s Alvin C Concepcion maintained a Buy rating for the company, while reducing the price target from $111 to $88. The company’s current stock...
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How Healthy Are Supermarket Stocks?
Saturday, September 26, 2015 - 11:52am | 470Read More...Citi conducted its September survey of 59 store managers at stores that directly compete with Kroger Co (NYSE: KR), its top pick Buy. The analysts concluded “that supermarket margin conditions don’t appear to have changed much in the month of August so we shouldn’t see a...
