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Why Kroger Shares Fell Today

Kroger Co (NYSE: KR) shares traded lower by 2.93% to $48.36 to close Thursday's trading session. Shares fell after Credit Suisse cut its price target on the stock from $60 to $55. The company also reports second-quarter earnings tomorrow.
byHenry Khederian
September 8, 2022
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Kroger Co (NYSE:KR) shares traded lower by 2.93% to $48.36 to close Thursday’s trading session. Shares fell after Credit Suisse cut its price target on the stock from $60 to $55. The company also reports second-quarter earnings tomorrow.

According to analyst consensus estimates, Kroger is expected to report EPS of 77 cents on revenue of $34.25 billion Friday before the market open.

See Also: Apple Launches iPhone 14, High-End Apple Watch, Emergency Satellite Capabilities And More: What Investors Need To Know

According to data from Benzinga Pro, Kroger has a 52-week high of $62.78 and a 52-week low of $38.22.

 
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