Wells Fargo Turns Neutral on Kroger (KR), Flags Spending and Growth Concerns

The Kroger Co. (NYSE:KR) is included among the 14 Best Affordable Dividend Stocks to Buy According to Analysts. Wells Fargo Turns Neutral on Kroger (KR), Flags Spending and Growth Concerns On February 25, Wells Fargo downgraded The Kroger Co. (NYSE:KR) to Equal Weight from Overweight. It also lowered its price target to $68 from $70. The firm said it is becoming more cautious and prefers to move to the sidelines for now. The analyst sees some potential under Kroger’s new leadership. Even so, the company ...