Kr stock forecast for Q2 shows potential upside of 5–7%
KR stock forecast for Q2 shows potential upside of 5–7%, supported by Kroger’s loyalty program expansion and rising digital engagement rates, which boost recurring revenue streams. The most recent trading session ended with Kroger (KR) standing at $52.76, reflecting a -0.81% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.97%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1.39%. Morning Brief host Julie Hyman tracks several of the day's top trending stock tickers, including Opendoor Technologies ( OPEN ) as it appoints a new chief executive, Kroger ( KR ) lifting its outlook, and Centene's ( CNC ) stock gains around its Medicare quality scores. KR stock forecast analysis points to resilience against recessionary threats, as food retail remains a defensive segment. Charts suggest a medium-term target price of $56 based on Fibonacci retracement levels.
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