-
RBC Upgrades Whole Foods Market Post-Q2 Results
Thursday, May 7, 2015 - 10:56am | 263In a report published Thursday, RBC Capital Markets analyst William Kirk upgraded shares of Whole Foods Market, Inc. (NASDAQ: WFM) to Outperform from Sector Perform with a price target lowered to $51 from a previous $54 despite a "disappointing" comparable store sales print in the second quarter....
-
Hain Celestial Reports Inline Q1, Traders Cheer Outlook
Wednesday, May 6, 2015 - 9:36am | 289Shares of Hain Celestial Group Inc (NASDAQ: HAIN) were trading higher by nearly 3 percent during Wednesday's pre-market session after the company reported an in-line third quarter but issued encouraging guidance for the full fiscal year. Hail Celestial earned $0.45 per share in the third quarter,...
-
Are Consumers Being Deceived About Organic Foods?
Monday, April 20, 2015 - 12:32pm | 896As the world has become more aware of the growing obesity epidemic and the dangers of unhealthy eating habits, many consumers have begun to make efforts to purchase healthier foods. Unfortunately, while many consumers have good intentions when it comes to buying natural, organic foods,...
-
Here's Why Hain Celestial Is Selling Off
Friday, April 17, 2015 - 10:21am | 264Shares of Hain Celestial Group Inc (NASDAQ: HAIN) were trading lower by 2 percent following a notable downgrade. In a report published Friday, Longbow Research analyst Alton Stump downgraded shares of Hain Celestial to Neutral from Buy as shares are trading near his previous price target of $66,...
-
Attention Investors: Sprouts Farmers Market Is Morgan Stanley's Newest 'Best Idea'
Tuesday, March 31, 2015 - 9:15am | 259In a report published Tuesday, Morgan Stanley analyst Vincent J Sinisi added Sprouts Farmers Market Inc (NASDAQ: SFM) to the "Morgan Stanley Best Ideas List" as now is a "very attractive" time to buy into one of retail's best growth stories. Shares are Overweight rated with a $40 price target. From...
-
3 Retailers Wolfe Research Likes (And 2 It Doesn't)
Friday, March 20, 2015 - 10:32am | 310In a report published Thursday, Wolfe Research analyst Scott Mushkin commented that first hand visits to various retailers across Southern California once again revealed the pressure that both Whole Foods Market, Inc. (NASDAQ: WFM) and Wal-Mart Stores, Inc. (NYSE: WMT) are facing. Mushkin noted...
-
Morgan Stanley Predicts Strong Growth In Organic Food
Wednesday, December 3, 2014 - 1:57pm | 576A recent study by Morgan Stanley sheds some light on the prices consumers pay for groceries at several major store chains. The study compared the cost of 100 commonly-purchased food items at different stores, focusing on organic/natural food sellers: The Kroger Co (NYSE: KR),...
-
3 Grocers Working To Make Organic Food Affordable
Friday, September 5, 2014 - 1:48pm | 760Although the term “organic” has wide latitude, many people seek out food for their families that they believe to be free from additives, pesticides, chemical fertilizers and other non-natural substances. Large scale grocers have noticed, sparking an “organic food war” of...
-
Market Wrap For April 10: Wednesday's Rally Completely Forgotten
Thursday, April 10, 2014 - 4:33pm | 2616U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue. The Nasdaq index continues to under-perform and notched its worst one day performance since 2011. The decline in the Nasdaq index continues to be fueled by biotech and momentum...