BMO Capital Upgrades Sprouts Farmers Market to Market Perform, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has upgraded Sprouts Farmers Market (NASDAQ:SFM) from Underperform to Market Perform and raised the price target from $40 to $102.
July 30, 2024 | 9:10 am
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BMO Capital has upgraded Sprouts Farmers Market from Underperform to Market Perform and significantly raised the price target from $40 to $102.
The upgrade from Underperform to Market Perform and the substantial increase in the price target from $40 to $102 by BMO Capital is likely to positively impact the stock price of Sprouts Farmers Market in the short term. Such upgrades typically boost investor confidence and can lead to increased buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100