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SFM

Sprouts Farmers Market

$21.01

-1.41 (-6.29%)

, KR

Kroger

$22.29

-2.27 (-9.24%)

07:55
06/19/17
06/19
07:55
06/19/17
07:55

Food retailers, distributors weakness overdone, says RBC Capital

RBC Capital analyst Bill Kirk says that the weakness in food retailers and distributors in reaction to Amazon's (AMZN) acquisition of Whole Foods (WFM) was overdone. The analyst says he doesn't expect Amazon to "drastically change" the prices in Whole Foods' physical stores. Instead, he expects it to exploit the company's brand through Prime and its "high-population density real estate." Other food retailers include Sprouts Farmers Market (SFM) and Kroger (KR), while Smart & Final Stores (SFS) and Supervalu (SVU) are food distributors.

SFM

Sprouts Farmers Market

$21.01

-1.41 (-6.29%)

KR

Kroger

$22.29

-2.27 (-9.24%)

SVU

Supervalu

$3.22

-0.54 (-14.36%)

SFS

Smart & Final Stores

$9.10

-2.1 (-18.75%)

AMZN

Amazon.com

$987.71

23.54 (2.44%)

WFM

Whole Foods

$42.68

9.62 (29.10%)

  • 20

    Jun

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    Jun

SFM Sprouts Farmers Market
$21.01

-1.41 (-6.29%)

06/19/17
SBSH
06/19/17
NO CHANGE
Target $26
SBSH
Buy
Kroger risk/reward looks favorable, says Citi
Citi analyst Alvin Concepcion believes Kroger's (KR) risk/reward remains favorable following last week's selloff. The analyst lowered his price target for the shares to $26 from $36 and keeps a Buy rating on the name. Kroger shares now trade at a 50% discount to their peer group, despite peers like Sprouts Farmers Market (SFM) and Natural Grocers (NGVC) facing greater exposure to threats from a stronger Whole Foods (WFM) in the natural/organic category, Concepcion tells investors in a research note. Amazon (AMZN) Friday announced a takeover of Whole Foods.
06/16/17
OPCO
06/16/17
UPGRADE
Target $24
OPCO
Outperform
Opco sees Sprouts as possible next target, upgrades shares
Oppenheimer analyst Rupesh Parikh upgraded Sprouts Farmers Market (SFM) to Outperform from Perform with a $24 price target. The food retailer is down 8%, or $1.75, to $20.67 in morning trading. The selloff after Amazon's (AMZN) acquisition of Whole Foods (WFM) has created an attractive entry point, Parikh tells investors in a research note. Sprout's remains well positioned fundamentally on its own and there is "also takeout potential down the road," the analyst writes. He believes Sprouts "could be the next target out there" with Whole Foods getting bought.
06/16/17
OPCO
06/16/17
UPGRADE
OPCO
Outperform
Sprouts Farmers Market upgraded to Outperform from Perform at Oppenheimer
06/16/17
RHCO
06/16/17
NO CHANGE
RHCO
Sprouts Farmers could be a target of industry consolidation, says SunTrust
SunTrust analyst David Magee said Sprouts Farmers Market (SAFM) could be an acquisition target due to increasing industry consolidation.
KR Kroger
$22.29

-2.27 (-9.24%)

06/19/17
DBAB
06/19/17
NO CHANGE
Target $26
DBAB
Buy
Kroger selloff last week a buying opportunity, says Deutsche Bank
Deutsche Bank analyst Shane Higgins views last week's 27.6% selloff in shares of Kroger (KR) following the weaker than expected Q1 results and Amazon.com's (AMZN) acquisition of Whole Foods (WFM) as a buying opportunity. Kroger can still compete and is well positioned to capitalize on market disruption, Higgins tells investors in a research note. He lowered his price target for the shares to $26 from $35 and keeps a Buy rating on the name.
06/19/17
06/19/17
DOWNGRADE
Target $23

Equal Weight
Kroger downgraded to Equal Weight on margin pressures at Morgan Stanley
As previously reported, Morgan Stanley downgraded Kroger (KR) to Equal Weight from Overweight and lowered its price target to $23 from $32. Analyst Vincent Sinisi said there is increased structural margin risk within the Food Retail sector following Amazon's (AMZN) acquisition of Whole Foods (WFM) and said stocks are now appropriately pricing in flat medium-term growth.
06/19/17
MSCO
06/19/17
DOWNGRADE
MSCO
Equal Weight
Kroger downgraded to Equal Weight from Overweight at Morgan Stanley
SVU Supervalu
$3.22

-0.54 (-14.36%)

10/10/16
OPCO
10/10/16
NO CHANGE
OPCO
Wal-Mart 'starting to get its act together' in grocery, says Oppenheimer
After attending Wal-Mart's (WMT) analyst day meeting, Oppenheimer analyst Rupesh Parikh admitted he did not previously look favorably upon the company's strategy to expand into Neighborhood Market and smaller format stores, but he now sees signs that the company is "starting to get its act together in grocery." If Wal-Mart follows through with grocery price investments, it could hurt Kroger (KR), Smart & Final Stores (SFS) and Supervalu (SVU) and be an "indirect negative" for Sprouts Farmers Markets (SFM), Parikh tells investors. However, he also added that he remains confident in the ability of Kroger's management team to at least hold share.
07/06/16
DBAB
07/06/16
NO CHANGE
Target $6
DBAB
Hold
Deutsche calls Marsh deal a 'nice win' for Supervalu
Deutsche Bank analyst Shane Higgins views the long-term supply agreement with Marsh Supermarkets as a "nice win" for Supervalu. The news is timely with Supervalu preparing for the separation of Save-A-Lot, Higgins tells investors in a research note. The analyst keeps a Hold rating on the shares, however, citing the "headwinds still facing the business."
03/23/17
RBCM
03/23/17
UPGRADE
RBCM
Outperform
Supervalu upgraded on positive catalysts at RBC Capital
As noted earlier, RBc Capital upgraded Supervalu to Outperform from Sector Perform with a $6 price target. Analyst William Kirk expects the company to benefit from food reflation and he thinks that investors are not giving the comapny enough credit for the customer wins of its retail unit. Additionally, he thinks that its real estate portfolio can generate value for shareholders.
03/23/17
RBCM
03/23/17
UPGRADE
RBCM
Outperform
Supervalu upgraded to Outperform from Sector Perform at RBC Capital
SFS Smart & Final Stores
$9.10

-2.1 (-18.75%)

03/06/17
RBCM
03/06/17
NO CHANGE
RBCM
Smart & Final Stores shares should be bought on any weakness,says RBC Capital
RBC Capital analyst William Kirk says that Smart &Final Stores' Q4 results "will remain challenged on comparable store sales and profitability." However, the analyst expects the company to benefit from easing deflation and less tough comps going forward. He recommends buying the shares on any weakness and keeps an Outperform rating. ,
03/14/17
RBCM
03/14/17
NO CHANGE
RBCM
Smart & Final Stores weakness creates buying opportunity, says RBC Capital
RBC Capital analyst William Kirk says that Smart & Final's comp sales will resume growing, partly due to easier comparisons and improving deflation. Kirk thinks that the company's fundamentals remain strong and he believes that the weakness in the stock has created a buying opportunity. He trimmed his price target on the name to $19 from $20 but keeps an Outperform rating.
05/02/17
RBCM
05/02/17
NO CHANGE
RBCM
Smart & Final Stores Q1 results likely to beat expectations, says RBC Capital
RBC Capital analyst William Kirk expects Smart & Final Stores' Q1 comp sales and EPS to beat expectations, driven by easing deflation and the benefits of its Haggen stores deal. Kirk thinks that the stock will rise if the results are in-line or better. The analyst predicts that Q1 will be the last quarter of declining results, as he expects the company to benefit in subsequent quarters from easing macro pressures and easier comps. He keeps a $19 price target and an Outperform rating on the shares.
05/15/17
LOOP
05/15/17
INITIATION
Target $17
LOOP
Buy
Smart & Final Stores initiated with a Buy at Loop Capital
Loop Capital analyst Andrew Wolf started Smart & Final Stores with a Buy rating and $17 price target. After a challenging 2016, the analyst sees a "solid sales and earnings growth recovery going forward."
AMZN Amazon.com
$987.71

23.54 (2.44%)

06/19/17
RBCM
06/19/17
NO CHANGE
RBCM
Amazon.com logistics to get boost from Whole Foods deal, says RBC Capital
RBC Capital analyst Mark Mahaney says that the acquisition of Whole Foods (WFM) will provide Amazon (AMZN) with "shipping-to-home logistics" opportunities and " a way to increase the utilization of its delivery capacity."
06/19/17
COWN
06/19/17
NO CHANGE
Target $1125
COWN
Outperform
Amazon Prime the long-term driver of retail business, says Cowen
Cowen analyst John Blackledge said Amazon's (AMZN) Prime service is the long-term driver of its retail business and as they continuously improve their value proposition, it will drive higher Prime subscriptions and further market share gains. Those gains may have a negative impact on Costco (COST) and Sam's Club (WMT) as the warehouse clubs have seen opposite trends as Prime has increased subscriptions, added Blackledge, who reiterated his Outperform rating and $1,125 price target on Amazon.com shares.
06/19/17
RHCO
06/19/17
NO CHANGE
RHCO
Blackhawk should be bought on weakness after Whole Foods deal, says SunTrust
SunTrust analyst Oscar Turner notes that Blackhawk's (HAWK) stock fell 3% after Amazon (AMZN) announced that it's acquiring Whole Foods (WFM). The analyst notes that both Amazon and Whole Foods partner with Blackhawk, and he expects Blackhawk's deal with Whole Foods to continue in the wake of the deal. The analyst adds that the deal proves that the physical supermarket distribution model remains relevant. He says that Blackhawk's "commanding share will mitigate" any decrease in supermarket foot traffic, and he recommends buying the stock on weakness. Turner keeps a $50 price target and a Buy rating on the stock.
06/19/17
UBSW
06/19/17
NO CHANGE
Target $1100
UBSW
Buy
Amazon operational assumptions key to Whole Foods deal success, says UBS
UBS analyst Eric Sheridan took a look at Amazon's (AMZN) acquisition of Whole Foods (WFM), which he expects to be 2%-12% accretive to 2018 earnings. The analyst believes operational assumptions post close will be the key to success. He also believes regulatory issues remain an overhang for the sector and he sees the purchase as the first step into a broader physical retail presence. Sheridan maintained his Buy rating and $1,100 price target on Amazon.com shares.
WFM Whole Foods
$42.68

9.62 (29.10%)

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DUK

Duke Energy

$85.96

-0.32 (-0.37%)

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PPL

PPL Corp.

$38.83

-0.19 (-0.49%)

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AEP

American Electric

$71.55

-0.24 (-0.33%)

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AEE

Ameren

$55.94

-0.33 (-0.59%)

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WEC

WEC Energy

$63.46

-0.17 (-0.27%)

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NSRGY

Nestle

$84.83

0.4 (0.47%)

, LRLCY

L'Oreal

$42.08

0.01 (0.02%)

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Nestle

$84.83

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LRLCY

L'Oreal

$42.08

0.01 (0.02%)

TKTDY

Takata

$3.15

1.2199 (63.21%)

WFM

Whole Foods

$42.95

-0.255 (-0.59%)

WMT

Wal-Mart

$74.84

-0.68 (-0.90%)

AMZN

Amazon.com

$1,003.74

2.44 (0.24%)

VIA

Viacom

$39.15

0.1 (0.26%)

VIAB

Viacom

$34.11

-0.01 (-0.03%)

TWX

Time Warner

$99.70

0.3 (0.30%)

NCR

NCR Corp.

$38.64

0.09 (0.23%)

AIZ

Assurant

$101.25

0.99 (0.99%)

ALXN

Alexion

$126.07

-0.16 (-0.13%)

UTHR

United Therapeutics

$131.59

-0.11 (-0.08%)

RHT

Red Hat

$99.42

0.54 (0.55%)

CI

Cigna

$169.61

-1.07 (-0.63%)

FL

Foot Locker

$48.03

0.53 (1.12%)

03/08/13
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TKTDY

Takata

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TKTDY

Takata

$3.15

1.2199 (63.21%)

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TKTDY

Takata

$3.15

1.2199 (63.21%)

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TKTDY

Takata

$3.15

1.2199 (63.21%)

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IRDM

Iridium

$10.75

0.1 (0.94%)

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TKTDY

Takata

$3.15

1.2199 (63.21%)

20:08
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SEAS

SeaWorld

$15.65

-0.16 (-1.01%)

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SeaWorld receives subpoenas, forms special committee over 'Blackfish' statements »

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FB

Facebook

$155.07

1.67 (1.09%)

19:57
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Facebook plans to offer TV-quality content by late summer, WSJ says »

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FRO

Frontline

$5.59

0.08 (1.45%)

, GNRT

Gener8 Maritime

$6.12

0.21 (3.55%)

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Frontline abandons plans to buy Gener8, WSJ says »

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FRO

Frontline

$5.59

0.08 (1.45%)

GNRT

Gener8 Maritime

$6.12

0.21 (3.55%)

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NSRGY

Nestle

$84.83

0.4 (0.47%)

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WMT

Wal-Mart

$74.84

-0.68 (-0.90%)

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GOOG

Alphabet

$965.59

8.5 (0.89%)

, GOOGL

Alphabet Class A

$986.09

9.47 (0.97%)

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GOOG

Alphabet

$965.59

8.5 (0.89%)

GOOGL

Alphabet Class A

$986.09

9.47 (0.97%)

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NSRGY

Nestle

$84.83

0.4 (0.47%)

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Dan Loeb's Third Point targets Nestle, Bloomberg says »

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LNG

Cheniere Energy

$47.62

0.34 (0.72%)

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VIA

Viacom

$39.15

0.1 (0.26%)

, VIAB

Viacom

$34.11

-0.01 (-0.03%)

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Viacom

$39.15

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VIAB

Viacom

$34.11

-0.01 (-0.03%)

TWX

Time Warner

$99.70

0.3 (0.30%)

DIS

Disney

$104.36

0.14 (0.13%)

LGF.A

Lionsgate

$27.07

0.31 (1.16%)

LGF.B

Lionsgate

$25.38

0.34 (1.36%)

FOX

21st Century Fox

$26.93

0.3 (1.13%)

FOXA

21st Century Fox

$27.19

0.22 (0.82%)

SNE

Sony

$38.52

0.11 (0.29%)

CMCSA

Comcast

$39.50

-0.44 (-1.10%)

CMCSK

Comcast

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GSK

GlaxoSmithKline

$44.29

0.13 (0.29%)

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BHVN

Biohaven Pharmaceutical

$25.33

-0.13 (-0.51%)

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Biohaven granted Orphan designation for Rett syndrome treatment »

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ESALY

Eisai

$56.42

-0.075 (-0.13%)

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PTNR

Partner Communications

$5.25

0.1123 (2.19%)

14:23
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