Ocado slides as Morgan Stanley cuts target on Kroger deal fears
NegativeFinancial Markets
Ocado's stock has taken a hit following Morgan Stanley's decision to lower its target price, primarily due to concerns surrounding the potential impact of the Kroger deal. This development is significant as it reflects investor anxiety about the future of Ocado's partnerships and market position, which could influence its growth trajectory.
— Curated by the World Pulse Now AI Editorial System