Evercore ISI lowered the agency’s worth goal on Sprouts Farmers Market (SFM) to $170 from $190 and retains an Outperform ranking on the shares. The agency’s latest go to with Sprouts’ management on the Groceryshop convention highlighted a “stable” multi-year progress plan and “a horny entry level,” although the agency has trimmed its base case goal on account of slowing comps and elevated competitors, the analyst tells buyers.
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Evercore ISI lowered the agency’s worth goal on Sprouts Farmers Market (SFM) to $170 from $190 and retains an Outperform ranking on the shares. The agency’s latest go to with Sprouts’ management on the Groceryshop convention highlighted a “stable” multi-year progress plan and “a horny entry level,” although the agency has trimmed its base case goal on account of slowing comps and elevated competitors, the analyst tells buyers.
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Reap the benefits of TipRanks Premium at 55% off! Unlock highly effective investing instruments, superior knowledge, and skilled analyst insights that will help you make investments with confidence.
Printed first on TheFly – the last word supply for real-time, market-moving breaking monetary information. Attempt Now>>
See the highest shares beneficial by analysts >>
Learn Extra on SFM:
