JPMorgan lowered the firm’s price target on Sprouts Farmers Market (SFM) to $91 from $124 and keeps a Neutral rating on the shares. The company is facing tougher compares and a weaker consumer environment, the analyst tells investors in a research note.
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Read More on SFM:
- Sprouts Farmers Market price target lowered to $91 from $155 at Roth Capital
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- Cautious Hold Rating on Sprouts Farmers Market Amid Sales Slowdown and Margin Uncertainty
- Sprouts Farmers Market price target lowered to $122 from $185 at Barclays
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