Following the announcement of a deal between Kroger KR and Vitacost.com VITC, Wells Fargo analyst Kate Wendt issued a note in which she stated the deal may hurt GNC GNC and Vitamin Shoppe VSI by keeping their primary competitor "afloat."
At last check, shares of GNC and Vitamin Shoppe were down ~1 and ~2 percent, respectively.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in