Sprouts Farmers Market (SFM) Tops Q4 EPS by 4c

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Go back to Sprouts Farmers Market (SFM) Tops Q4 EPS by 4c

CFRA Upgrades Sprouts Farmers Market (SFM) to Hold

February 23, 2024 8:49 AM EST

CFRA analyst Arun Sundaram upgraded Sprouts Farmers Market (NASDAQ: SFM) from Sell to Hold with a price target of $60.00 (from $32.00).

The analyst comments "We lift our 12-month target to $60 from $32, 20.1x our 2024 EPS of $2.98 (raised from $2.78; 2025 initiated at $3.39). This multiple is more in line with... More