Goldman Sachs Boosts Numbers on Whole Foods (WFM), Keeps Neutral

Goldman Sachs raised estimates and its price target on Whole Foods Market (NASDAQ: WFM) from $88 to $92 following solid Q1 results.

The firm raised FY12E/FY13E/FY14E diluted EPS move to $2.48/$2.82/$3.29 from
$2.37/$2.78/$3.25.

"WFM shares should react favorably to the beat and raise, but investors may be concerned by the sequential deceleration in the comp at the end of the quarter and into 3Q," the firm commented.

For an analyst ratings summary and ratings history on Whole Foods Market click here. For more ratings news on Whole Foods Market click here.

Shares of Whole Foods Market closed at $84.31 yesterday.

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