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SunTrust's David Magee Still 'Comfortable' With Whole Foods Investment
Thursday, July 9, 2015 - 12:31pm | 312In a report published Thursday, SunTrust Robinson Humphrey analyst David Magee noted that recent checks in Boise, Idaho showed that organic grocer Whole Foods Market, Inc. (NASDAQ: WFM)'s pricing is for the most part on par with competitors, but its organic produce pricing is "curiously high." "In...
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Cowen: 'Not A Whole Lotta Love' In Whole Foods' Earnings Print
Thursday, May 7, 2015 - 12:31pm | 312In a report published Thursday, Cowen And Company analyst Jerry Gray maintained a cautious tone on Whole Foods Market, Inc. (NASDAQ: WFM) as a "significant" deceleration in store traffic resulted in sales to fall short of expectations in its second quarter. Whole Foods reported an earnings per...
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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....
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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...
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Deutsche Bank Says Recent Checks Confirm Kroger's 'Strong Price Positioning'
Thursday, March 19, 2015 - 10:41am | 235In a report published Thursday, Deutsche Bank analyst Karen Short conducted price checks in Denver, which showed that Kroger Co (NYSE: KR) remains "very competitively" priced versus both Whole Foods Market, Inc. (NASDAQ: WFM) and Sprouts Farmers Market Inc (NASDAQ: SFM) "These...
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Here's Why Bank Of America Downgraded The Fresh Market
Monday, March 9, 2015 - 12:17pm | 166In a report published Monday, Bank of America analyst Robert Ohmes downgraded shares of The Fresh Market Inc (NASDAQ: TFM) to Neutral from Buy with a $45 price target due to valuation reasons and uncertainties over the company's prospects. Ohmes noted that the company's 3.0 percent comp gains in...
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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),...
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Longbow Resumes Coverage On Specialty Food Names, Organic Grocers
Monday, November 24, 2014 - 11:39am | 274Analysts at Longbow resumed coverage on the Specialty Food, Grocery and Supplement Retailer space on Monday following suspension of the group in early November. The analysts favor Hain Celestial Group Inc (NASDAQ: HAIN) as shares are Buy rated with a $131 price target. The analysts are...
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UPDATE: Wedbush Initiates Coverage On Sprouts Farmers Market
Thursday, August 28, 2014 - 11:55am | 311Kurt Frederick of Wedbush initiated coverage on Sprouts Farmers Market (NASDAQ: SFM), along with other natural organic grocers. Frederick believes that Sprouts offers investors a “compelling unit growth” opportunity with just 177 of a possible 1,200 locations in the United States currently open....