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Fly News Breaks for January 18, 2017
WFM
Jan 18, 2017 | 07:40 EDT
Oppenheimer analyst Rupesh Parikh continues to have conviction in an "eventual turn" at Whole Foods given the progress-to-date and his confidence in its management team. However, the analyst has less conviction in pinpointing the precise timing of a comp rebound due in large part to a challenging competitive backdrop that has not eased. He reiterates an Outperform rating and $35 price target on the shares.
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