Guggenheim started coverage on shares of Grocery Outlet (NYSE:GO) in a research note released on Monday morning, Briefing.com Automated Import reports. The brokerage issued a neutral rating on the stock.
GO has been the subject of several other research reports. Cowen reaffirmed a buy rating on shares of Avrobio in a research report on Monday. Telsey Advisory Group assumed coverage on shares of Grocery Outlet in a research report on Monday. They set an outperform rating and a $40.00 price target for the company. Bank of America set a $68.00 price target on shares of Inphi and gave the company a buy rating in a research report on Monday. Barclays set a $330.00 price target on shares of Thermo Fisher Scientific and gave the company a buy rating in a research report on Monday. Finally, Goldman Sachs Group reaffirmed a buy rating and set a $70.00 price target on shares of Total in a research report on Monday. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $36.75.
NYSE GO opened at $35.87 on Monday. Grocery Outlet has a 52 week low of $27.75 and a 52 week high of $36.60.
Grocery Outlet Company Profile
Grocery Outlet Holding Corp. owns and operates a chain of grocery stores in the United States. The company offers products in various categories, such as grocery, dairy and deli, produce, refrigerated and frozen, floral, beer and wine, general merchandise, and health and beauty care, as well as fresh meat and seafood; and natural, organic, specialty, and healthy products.
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