Kroger's stock received a price target increase from Evercore analyst Michael Montani, who raised his outlook to $60 per share from $55. This adjustment follows Kroger's projection of 1% to 2% comparable sales growth for fiscal year 2026.

Montani maintained an "In-Line" rating on Kroger shares. The analyst also provided an updated earnings per share (EPS) forecast for Kroger's fiscal year 2026, projecting it to be $4.25, up from a previous estimate of $4.15.

Key Takeaways

• Evercore analyst Michael Montani raised Kroger's price target to $60 from $55.
• Kroger forecasts comparable sales growth of 1% to 2% for fiscal year 2026.
• Montani maintained an "In-Line" rating on Kroger stock.
• The analyst's EPS forecast for fiscal year 2026 was increased to $4.25 from $4.15.

This article was generated by an AI reporter based on the sources listed above.