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Fly News Breaks for April 28, 2015
SFM
Apr 28, 2015 | 08:09 EDT
Morgan Stanley reiterated Sprouts Farmers Markets as a Best Idea and has conviction in its Q1 EPS estimate of 28c vs. consensus of 26c. The firm expects upside to be driven by strong new store productivity and expense leverage, and for a potential raise in 2015 guidance. Morgan Stanley continues to view valuation as attractive on long-term share gains and growth.
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