** Shares of certain U.S. food retailers rise after brokerage Deutsche Bank resumes coverage with "buy" rating
**Membership-only retail chain COST.O up ~5.5% after shares rose 2.3% last night after its December sales report
** "Costco's results pointed to a steady growth in comparable sales in December, "says analyst Michael Lasser from UBS
** Shares of big-box retailer Target TGT.N rise 3%
** U.S. grocer Kroger KR.N up ~2%, while shares of Albertsons ACI.N up ~3%
** Expect another mixed year in 2026 characterized by food disinflation, reduced SNAP and Medicaid benefits and potentially sustained GLP-1 tailwinds — analysts at Deutsche Bank
** Add that tax refunds are expected to benefit mainly low- to middle-income consumers, while affluent households could gain from higher state and local tax deductions
** In 2025 COST lost ~6% and TGT fell ~28%, while KR rose 2.2%
(Reporting by Koyena Das in Bengaluru)
((koyena.das@thomsonreuters.com))
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