Wells Fargo Maintains Equal-Weight on Sprouts Farmers Market, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly maintains an Equal-Weight rating on Sprouts Farmers Market (NASDAQ:SFM) and raises the price target from $90 to $130.
October 31, 2024 | 8:13 pm
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Wells Fargo analyst Edward Kelly maintains an Equal-Weight rating on Sprouts Farmers Market and raises the price target from $90 to $130.
The increase in the price target from $90 to $130 by Wells Fargo suggests a positive outlook on Sprouts Farmers Market's future performance. Although the rating remains Equal-Weight, the significant increase in the price target could lead to a positive short-term impact on the stock price as investors may perceive this as a sign of potential growth.
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