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flag Grocery Outlet's stock drops to $12.88 as analysts lower ratings, despite insider buying.

flag Grocery Outlet Holding Corp. (NASDAQ: GO) saw its stock ratings lowered by several investment analysts, resulting in a drop to $12.88 per share. flag SVP Lindsay E. Gray sold 1,856 shares, reducing her stock position by 4.48%. flag The company, which operates around 400 stores selling fresh and consumable goods, has also seen insiders purchase 200,000 shares in the past 90 days.

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