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Fly News Breaks for September 8, 2016
SFM
Sep 8, 2016 | 08:59 EDT
BMO Capital analyst Kelly Bania says that Sprouts' lowered guidance indicates that the company's growth underwent a "rapid deceleration." in August. However, the analyst says that the stock's risk/reward ratio is favorable following its decline. Bania cut the price target on the shares to $25 from $30 and keeps an Outperform rating on the stock.
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