Deutsche Bank Sets $75 Price Target for Kroger, Maintains Buy Rating

Deutsche Bank has resumed coverage of The Kroger Co. (NYSE: KR) with a $75 price target and Buy rating, citing factors such as food disinflation, less government handouts, and consumers' focus on value. Barclays trimmed its price objective for KR from $75 to $68 and maintained its Equal Weight rating, anticipating growth in the market for discretionary products and potential consumer tax savings.