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Sprouts Farmers Market price target raised to $196 from $195 at UBS

UBS analyst Mark Carden raised the firm’s price target on Sprouts Farmers Market (SFM) to $196 from $195 and keeps a Neutral rating on the shares. While Sprouts helped to demonstrate the durability of its model, the beat and raise may not have been enough to exceed high buy side expectations, the analyst tells investors in a research note.

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