** Shares of discount retailer Grocery Outlet Holding Corp GO.O rise 6.1% to $14.74
** Jefferies upgrades GO's rating to "buy" from "hold"; raises PT to $18 from $13
** GO's defensive positioning as a low-price grocer could drive outperformance during periods of economic uncertainty - Jefferies
** Jefferies believes GO is well-positioned for growth due to its strong value proposition and differentiated business model (opportunistic sourcing and independent operator structure)
** On tariff exposure, GO imports produce from Mexico, and though this does create uncertainty, Jefferies estimates FY25 adj. EBITDA margin of 5.7%, vs consensus of 5.6%
** Two of 15 brokerages rate the stock "buy" or higher, 11 "hold" and two "sell"; their median PT is $14.50, according to data compiled by LSEG
** Up to last close, GO stock down 11% YTD
(Reporting by Juby Babu in Mexico City)
((Juby.Babu@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。