The firm said it took the retail company off the list based on management's ability to execute more effectively than expected. Goldman has a "neutral" rating on the stock.
Kroger reported an increase in net income to $501 million for the 2014 first quarter, compared to $481 million from the year ago period. Net sales increased 9.9% to $32.96 billion for the most recent quarter.
Analysts at Wells Fargo (WFC) raised their estimates on Kroger for the 2014 second quarter by two cents, and the 2014 first quarter by six cents based on the company's earnings results. Wells has a "market perform rating" on the stock.
Shares of The Kroger Co. are up 0.12% to $49.72 in pre-market trading this morning.
Separately, TheStreet Ratings team rates KROGER CO as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate KROGER CO (KR) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."