WS Investor
07 Oct 2026, 14:08
Kroger Rises After BNP Paribas Exane Upgrades Stock to Outperform
Kroger (NYSE: KR) shares moved higher after BNP Paribas Exane analyst Robert Joyce upgraded the stock to Outperform from Neutral and set a $72 price target.
The new target represents meaningful upside from Kroger’s recent trading level around $59.80 and signals a more constructive view on the grocery retailer’s earnings and valuation outlook.
The upgrade adds a bullish catalyst for the stock as investors continue to assess Kroger’s operating performance, margin trends and ability to generate steady cash flow in a competitive food retail environment.
BNP Paribas Exane’s move to Outperform appears to be supporting the stock’s gain in Wednesday trading.
Kroger (NYSE: KR) shares moved higher after BNP Paribas Exane analyst Robert Joyce upgraded the stock to Outperform from Neutral and set a $72 price target.
The new target represents meaningful upside from Kroger’s recent trading level around $59.80 and signals a more constructive view on the grocery retailer’s earnings and valuation outlook.
The upgrade adds a bullish catalyst for the stock as investors continue to assess Kroger’s operating performance, margin trends and ability to generate steady cash flow in a competitive food retail environment.
BNP Paribas Exane’s move to Outperform appears to be supporting the stock’s gain in Wednesday trading.
