Wells Fargo analyst Edward Kelly lowered his price target for Sprouts Farmers Market to $20 from $23 to reflect the "added earnings risk of the story" after the company announced the appointment of a new CEO and the resignation of the current CFO. It's a positive that uncertainty at the CEO role has been addressed with a "well-qualified executive," Kelly tells investors in a research note. However, the short-term impact could be negative as the new CEO could be accompanied by some strategic shift and additional investment, adds the analyst. He keeps a Market Perform rating on Sprouts Farmers Market.