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Fly News Breaks for May 1, 2015
SFM
May 1, 2015 | 09:21 EDT
Cowen believes the recent stock underperformance in Sprouts Farmers Markets is overdone and would use the recent weakness as a buying opportunity. The firm cited its valuation, long-term earnings power, and upward Street estimate revisions. Cowen reiterated its Outperform rating and $40 price target on Sprouts Farmers Market shares.
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