Wedbush Upgrades Natural Grocers (NGVC) to Neutral

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Go back to Wedbush Upgrades Natural Grocers (NGVC) to Neutral

Natural Grocers (NGVC) Qtr Shows Strong Gross Margins & Expense Discipline, Piper Jaffray Notes; PT to $35

July 31, 2015 8:21 AM EDT

Piper Jaffray analyst Sean Naughton trimmed his price target on Natural Grocers (NYSE: NGVC) to $35.00 (from $36.00) but maintained his Overweight rating noting strong gross margins and expense discipline in the quarter.

Naughton commented, "Last night, Natural Grocers reported same store sales trends slightly below... More