Deutsche says this discount grocer can rally nearly 29% as shoppers go bargain hunting

Sarah Min@_sarahmin
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Customers push shopping carts outside a Grocery Outlet Holding Corp. store in San Francisco, California, U.S., on Thursday, June 20, 2019.
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Shares of discount grocer Grocery Outlet could go up nearly 29% from here, as more consumers choose cheaper goods, according to Deutsche Bank.