BMO Capital's Kelly Bania reiterates Market Perform for Target but lowers the price target from $170 to $155. Despite 1Q results meeting expectations, concerns arise over continued gross margin upside, share losses in food and consumables, and competition from Amazon and Walmart.
Already positive, the research from RBC and its analyst Steven Shemesh still consider the stock as a Buy opportunity. The target price is reviewed upwards from USD 62 to USD 70.
Already positive, the research from RBC and its analyst Steven Shemesh still consider the stock as a Buy opportunity. The target price continues to be set at USD 62.