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Wells Fargo Comments On Kroger-Vitacost Deal

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Following the announcement of a deal between Kroger (NYSE: KR) and Vitacost.com (NASDAQ: VITC), Wells Fargo analyst Kate Wendt issued a note in which she stated the deal may hurt GNC (NYSE: GNC) and Vitamin Shoppe (NYSE: VSI) by keeping their primary competitor "afloat."

At last check, shares of GNC and Vitamin Shoppe were down ~1 and ~2 percent, respectively.

Latest Ratings for VITC

DateFirmActionFromTo
Jul 2014Imperial CapitalDowngradesOutperformIn-line
Nov 2013Imperial CapitalInitiates Coverage onOutperform
Nov 2013Imperial CapitalInitiates Coverage onOutperform

View More Analyst Ratings for VITC
View the Latest Analyst Ratings

Posted-In: Kate Wendt Wells FargoAnalyst Color News M&A Analyst Ratings

 

Related Articles (KR + GNC)

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