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Sprouts Farmers Market Downgraded, But Fundamentals Remain Strong As Ever
Thursday, June 15, 2017 - 10:00am | 379After a 30-percent gain since the start of 2017, analysts at Morgan Stanley felt it prudent to downgrade Sprouts Farmers Market Inc (NASDAQ: SFM)'s rating, as the stock is now trading at an appropriate valuation relative to future growth. Morgan Stanley's Vincent Sinisi downgraded Sprouts' stock...
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All The Sell-Side Reactions To Whole Foods' Q4
Friday, November 4, 2016 - 9:01am | 582Investors initially reacted positively to Whole Foods Market, Inc. (NASDAQ: WFM)'s fourth-quarter results and the stock traded as high as $30.06 on Thursday. However, selling pressure resulted in the stock giving up all of its daily gains and closing lower by 0.18 percent on the day at $28.46. Here...
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The Good, The Bad And The Outlook For Whole Foods
Thursday, November 3, 2016 - 11:04am | 371Shares of Whole Foods Market, Inc. (NASDAQ: WFM) were trading higher by more than 3 percent after the company reported its fourth-quarter results. According to Kelly Bania of BMO Capital Markets, Whole Foods' earnings report contained both encouraging and discouraging signs, which resulted in the...
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Keep An Eye On Grocers Following Sprouts' Guidance Cut
Wednesday, September 7, 2016 - 10:43am | 440Shares of Sprouts Farmers Market Inc (NASDAQ: SFM) plunged around 15 percent on Wednesday and hit a new 52-week low of $19.00 after the company updated its third-quarter and full-year 2016 guidance ahead of an industry conference. Sprouts said it expects comparable store sales growth for the third...
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Oppenheimer Visits Whole Foods' New 365 Stores
Tuesday, August 16, 2016 - 2:20pm | 351Whole Foods Market, Inc. (NASDAQ: WFM) has seen its stock decline nearly 8 percent since the start of 2016. The bull versus bear debate has been described by one analyst as "fiercely divided," as the long-term impact of the company's new "365" concept stores are not yet known. Checking In In a...
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CNBC's Jane Wells Offers A Glimpse At Whole Foods' New 'Big Gamble' Concept
Wednesday, May 25, 2016 - 12:15pm | 336Whole Foods Market, Inc. (NASDAQ: WFM)'s much anticipated new store concept called "365" was unveiled Wednesday. The company's co-CEO Walter Robb was interviewed by CNBC's Jane Wells, who described the new initiative as being a "big gamble" for the company. Wells noted that the new 365 stores are...
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Stifel Starts Kroger, Sprouts At Buy After Fresh Market Merger Rumor
Friday, February 12, 2016 - 12:24pm | 301Shares of The Fresh Market Inc (NASDAQ: TFM) surged on Thursday as the company was mentioned to be an acquisition target by The Kroger Co (NYSE: KR). Following the rumor, analysts at Stifel initiated coverage of Fresh Market, Kroger and Sprouts Farmers Market Inc (NASDAQ: SFM) Kroger and...
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Vetr Top Raters Upgrade Whole Foods To 4.5 Stars
Wednesday, February 10, 2016 - 1:19pm | 139Shares of Whole Foods Market, Inc. (NASDAQ: WFM) have lost more than 12 percent since the start of 2016 and are lower by nearly 45 percent over the past year. Despite the under-performance and the stock trading near multi-year lows, Vetr top raters upgraded Whole Foods Market's stock rating to 4.5-...
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SproutsFarmers Market Up After News Of S&P 400 Addition
Monday, February 8, 2016 - 12:02pm | 123Shares of Sprouts Farmers Market Inc (NASDAQ: SFM), a natural and organic food grocer, were trading higher by around 3 percent on Monday as the company's stock will be included in the S&P MidCap 400 index after the close of trading. S&P Dow Jones Indices, the owner of the S&P MidCap 400...
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Vetr Crowd Upgrades Whole Foods To Strong Buy
Tuesday, November 24, 2015 - 12:51pm | 339Shares of Whole Foods Market, Inc. (NASDAQ: WFM) have lost more than 40 percent year-to-date. The Vetr crowd upgraded Whole Foods Market to Strong Buy as 88 percent of the crowd's ratings are bullish. The Vetr crowd has a cumulative, crowd sourced price target of $33.30 –...
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Digging Into The Fresh Market's Take-Out Math
Tuesday, October 20, 2015 - 1:04pm | 605Shares of The Fresh Market Inc (NASDAQ: TFM) spiked higher last Friday after media reports suggested the company’s management is exploring a sale of itself to Apollo Global Management. Kelly Bania of BMO Capital Markets noted the company’s CEO Rick Anicetti’s resume “...
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Does A Private Equity Buyout Make Sense For The Fresh Market?
Monday, October 19, 2015 - 11:22am | 423Shares of The Fresh Market Inc (NASDAQ: TFM) have lost more than 35 percent year-to-date, but spiked higher on Friday. Various media outlets reported that the company's founder Ray Berry is working with Apollo Global Management to explore a potential buyout of the company. Rupesh...
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The Fresh Market Isn't Very Popular On Wall Street Right Now
Friday, August 21, 2015 - 4:05pm | 970Shares of The Fresh Market Inc (NASDAQ: TFM) plunged nearly 20 percent early Friday afternoon, establishing a new 52-week low of $21.05 after investors and traders were not impressed with the company's second-quarter results and outlook. The Fresh Market reported it earned $0.36 per share in the...
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Time To Sell Whole Foods, 'Headwinds Still Too Numerous To Ignore'
Friday, August 14, 2015 - 10:53am | 315In a report published Thursday, Pivotal Research Group analyst Ajay Jain initiated coverage of Whole Foods Market, Inc. (NASDAQ: WFM) with a Sell rating and $29 price target as the analyst sees no signs of comps stabilizing in the near-term. According to Jain's most recent channel checks,...
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Oppenheimer Expecting 'Another Sluggish Quarter' Out Of Whole Foods
Monday, July 27, 2015 - 12:01pm | 326In a report published Monday, Oppenheimer analyst Rupesh Parikh previewed Whole Foods Market, Inc. (NASDAQ: WFM)'s second quarter results (scheduled for Wednesday), noting that the company is likely to report "another sluggish quarter" but shares are still "appropriate"...