Deutsche Bank Maintains Hold on Sprouts Farmers Market, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Krisztina Katai has maintained a Hold rating on Sprouts Farmers Market (SFM) and increased the price target from $60 to $63.
May 09, 2024 | 4:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Deutsche Bank maintains a Hold rating on Sprouts Farmers Market, raising the price target from $60 to $63.
The increase in price target by Deutsche Bank indicates a positive outlook on the stock's value, potentially leading to increased investor interest and a positive short-term impact on SFM's stock price. However, the Hold rating suggests that the bank sees limited upside beyond the new target, tempering expectations for significant growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100