Sprouts Farmers Market (SFM) Misses Q3 EPS by 1c, Maintains FY EPS Outlook

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Sprouts Farmers Market (SFM) PT, Est. Lowered at Jefferies on Disappointment; Long-Term Story Remains

November 4, 2016 8:35 AM EDT

Jefferies analyst Christopher Mandeville lowered estimates and his price target on Sprouts Farmers Market (NASDAQ: SFM) to $23.00 (from $24.00) but maintained a Buy rating. The analyst said the long-term story remains.

Mandeville commented, "The 3Q print was a mixed bag with solid comps but weak... More

RBC Capital Cuts Price Target on Sprouts Farmers Market (SFM) to $29

November 4, 2016 7:54 AM EDT

RBC Capital maintained an Outperform rating on Sprouts Farmers Market (NASDAQ: SFM), and cut the price target to $29.00 (from $31.00), following the company's 3Q earnings report. Sprouts reported comparable store sales growth of +1.3%, ahead of consensus estimate of +0.3%. Revenues of $1.04bn also beat consensus' $1.01bn. EPS of... More