Sprouts Farmers Market price target raised to $180 from $140 at BMO Capital

BMO Capital analyst Kelly Bania raised the firm’s price target on Sprouts Farmers Market (SFM) to $180 from $140 and keeps a Market Perform rating on the shares. The company reported a strong Q4 beat with EPS growing 60% year over year, bringing 2024 EPS to 32% growth, while its 2025 guidance implies continued momentum calling for 20%-25% EPS growth on mid-single-digit comps, the analyst tells investors in a research note.