Natural Grocers (NGVC) Tops Q2 EPS by 5c

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Natural Grocers by Vitamin Cottage (NGVC) PT Cut at Canaccord Genuity as Comps Fall; Maintains Bullish View

May 8, 2015 10:40 AM EDT

Canaccord Genuity maintains a Buy rating on Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC), but lowers the price target to $32 (from $34) as comps come in below estimates. NGVC reported sales of $157M which exceeded estimations of $156M. EPS also came in above estimates at a... More