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Fly News Breaks for May 7, 2015
WFM
May 7, 2015 | 07:11 EDT
Deutsche Bank lowered its price target for Whole Foods Market to $40 saying the Q2 earnings were overshadowed by a "much lower than expected" comp and the announcement of a new value-priced store concept. Deutsche thinks margins are at-risk given the focus on value pricing. It keeps a Hold rating on the stock.
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