Citi downgrades Kroger to sell as inflation and fewer vaccines are expected to hurt margins

Published Fri, Jan 28 20226:20 AM ESTUpdated Fri, Jan 28 202210:11 AM EST

An employee pushes grocery carts outside a Kroger Co. grocery store in Louisville, Kentucky.

Luke Sharrett | Bloomberg | Getty Images

Investors should stay away from Kroger in the upcoming year as the retailer's profit margin is under pressure on several fronts, according to Citi.

NEXT PRO TALK

5 Days Remaining

Wed, June 1 2022 - 12:00pm

Here are Friday's biggest analyst calls: Gap, Apple, Tesla, CVS, Citigroup, Ulta & more

Needham upgrades Boston Scientific to buy, says company can fend off competition

Jefferies upgrades Ulta to buy, says strong earnings are the 'all clear' for a recovery