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Stock impact report

How Is Grocery Outlet (GO) Preparing to Navigate Supply Chain and Affordability Hurdles [Yahoo! Finance]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On March 9, Bank of America Securities reduced the firm's price target on Grocery Outlet Holding Corp. (NASDAQ:GO) from $13 to $10.50, leading to an adjusted upside of more than 81% despite the downward revision. The firm maintained its Neutral rating on the shares. Africa Studio/Shutterstock.com Bank of America Securities attributed this adjustment to the ongoing supply chain pressures and affordability challenges among core consumers. The firm also flagged uncertainty around the timing of recovery in comparable sales and basket size. On March 5, DA Davidson reduced its price target for Grocery Outlet Holding Corp. (NASDAQ:GO) to $7 per share from $11, resulting in a revised upside potential of almost 21%. The firm reiterated its Neutral rating on the stock after the fourth quarter results and first quarter guidance came in below expectations. The firm noted that business momentum has slowed since mid-2025, as the company's comparable sales have declined through year-end and Show less Read more
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