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Fly News Breaks for June 15, 2016
WFM
Jun 15, 2016 | 08:34 EDT
As previously reported, Northcoast downgraded Whole Foods to Sell from Neutral. The firm's analyst said Whole Foods has to deal with a shift in the company's competitive position as it is no longer alone in selling high-quality organic/natural/fresh foods and notes the proliferation of locations has matured Whole Foods quickly. Northcoast does not expect 365 format to be significant enough to improve sales momentum and sees downside to $24/
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