Credit Suisse analyst Karen Short assumed coverage of Sprouts Farmers Market with a Neutral rating and price target of $35, up from $30. The company "offers a healthy balance of reasons to be positive longer term, but cautious in the near term," Short tells investors in a research note. Sprouts’ current guidance still reflects double-digit earnings growth but its comp growth "remains elusive," writes the analyst.
Published first on TheFly
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