RBC Capital raised the firm’s price target on Sprouts Farmers Market (SFM) to $172 from $160 and keeps a Sector Perform rating on the shares. The company reported another strong earnings report, the analyst tells investors in a research note. The firm says that while the business has momentum, expectations “have seemingly caught up” and additional earnings upside “seems tougher to come by.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFM:
- Sprouts Farmers Market price target raised to $155 from $146 at Roth Capital
- Sprouts Farmers Market price target raised to $200 from $190 at BofA
- Sprouts Farmers Market price target raised to $196 from $195 at UBS
- Sprouts Farmers Market price target raised to $175 from $170 at Wells Fargo
- Strong Financial Performance and Growth Potential Drive Buy Rating for Sprouts Farmers Market