Evercore ISI Group Upgrades Sprouts Farmers Market to Outperform, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has upgraded Sprouts Farmers Market (NASDAQ:SFM) from In-Line to Outperform, raising the price target from $96 to $120.
September 16, 2024 | 10:44 am
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Evercore ISI Group has upgraded Sprouts Farmers Market from In-Line to Outperform, with a new price target of $120, up from $96.
The upgrade to Outperform and the significant increase in the price target from $96 to $120 by Evercore ISI Group is likely to positively impact SFM's stock price in the short term. Analyst upgrades often lead to increased investor confidence and buying activity.
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