The Latest Breaking News from Grocery Outlet Holding

Grocery Outlet Holding shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 85.

Grocery Outlet Holding shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 83.

Over the past 3 months, 5 analysts have published their opinion on Grocery Outlet Holding (NASDAQ:GO) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Cowen & Co. has decided to maintain its Outperform rating of Grocery Outlet Holding (NASDAQ:GO) and raise its price target from $42.00 to $45.00. Shares of Grocery Outlet Holding are trading up 2.38% over the last 24 hours, at $37.85 per share.

Analysts have provided the following ratings for Grocery Outlet Holding (NASDAQ:GO) within the last quarter:

 

Upgrades

Grocery Outlet Holding (NASDAQ:GO) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

B of A Securities upgraded its rating of Grocery Outlet Holding (NASDAQ:GO) to Buy with a price target of $37.00, changing its price target from $23.00 to $37.00. Shares of Grocery Outlet Holding are trading up 2.27% over the last 24 hours, at $33.81 per share.