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Fly News Breaks for July 28, 2017
SFM
Jul 28, 2017 | 09:08 EDT
Oppenheimer analyst Rupesh Parikh noted that Sprouts Farmers Market shares tend to be erratic following its earnings reports, adding that he would take advantage of any weakness as he believe the risk/reward balance still remains attractive. The analyst, who thinks some embedded M&A speculation is already being factored into the stock, raised his price target on Sprouts shares to $27 from $24 and keeps an Outperform rating on the name.
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