RBC Capital Starts Smart & Final Stores (SFS) at Outperform

RBC Capital initiates coverage on Smart & Final Stores (NYSE: SFS) with a Outperform rating and a price target of $23.00.

Analyst William Kirk commented, "We believe Smart & Final is well positioned to enter its next leg of growth. As a smaller store with competitive price and no membership fees, Smart & Final is better able to address an under-serviced consumer cohort than traditional warehouse formats. Additionally, Smart & Final has initiatives in place to give it better exposure to the best-growing segments of the industry. Current valuation under-appreciates this opportunity."

For an analyst ratings summary and ratings history on Smart & Final Stores click here. For more ratings news on Smart & Final Stores click here.

Shares of Smart & Final Stores closed at $17.90 yesterday.

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