Kroger Co.’s stock has been a high-flier for the past three years, but one Wall Street analyst team sees tough times ahead. That Cincinnati-based grocery giant became a major player in the Charlotte market when it acquired locally based Harris Teeter in 2014. Credit Suisse analysts cut their target for Kroger’s (NYSE: KR) stock from $36 to $34, according to a recent research report. They pointed to decelerating momentum, deflation and rising concerns about competition as reasons Kroger shares…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/08/analyst-sees-rough-times-ahead-for-harris-teeter.html?ana=RSS%26s=article_search
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