Guggenheim keeps Buy rating on Kroger and Northrop Grumman
Guggenheim maintained its Buy rating on Kroger and Northrop Grumman and raised price targets to $68 for Kroger and $640 for Northrop Grumman.
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what happened
Dow Jones Newswires, citing Benzinga, reports that Guggenheim kept its Buy recommendation on Kroger shares and lifted its price target to $68 from $66 per share.
The bank made the same decision on Northrop Grumman: the Buy rating stayed in place while the price target rose to $640 from $612. The first report was published at 13:26 GMT and the second at 13:28 GMT on October 21, 2026.
why it matters
Analyst revisions of this kind usually produce little market reaction, but they show how a major investment bank assesses the outlook for individual stocks. Investors in retail and defense names typically rely more on company earnings and macroeconomic data.
tags
instruments
sources
- Kroger Is Maintained at Buy by Guggenheim — Dow Jones Newswires, 21 October 2026 at 13:26 UTC
- Northrop Grumman Is Maintained at Buy by Guggenheim — Dow Jones Newswires, 21 October 2026 at 13:28 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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