Melius Research Initiates Coverage On Sprouts Farmers Market with Hold Rating, Announces Price Target of $105
Portfolio Pulse from Benzinga Newsdesk
Melius Research has initiated coverage on Sprouts Farmers Market (NASDAQ:SFM) with a Hold rating and set a price target of $105.
September 23, 2024 | 5:45 pm
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Melius Research has initiated coverage on Sprouts Farmers Market with a Hold rating and a price target of $105, indicating a neutral stance on the stock.
The Hold rating suggests that the analyst does not expect significant short-term movement in the stock price. The price target of $105 provides a benchmark for investors, but the Hold rating indicates a neutral outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100