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Sprouts Farmers Market price target raised to $68 from $62 at UBS
The Fly

Sprouts Farmers Market price target raised to $68 from $62 at UBS

UBS raised the firm’s price target on Sprouts Farmers Market to $68 from $62 and keeps a Neutral rating on the shares. Sprouts again outperformed the broader grocery space in Q1, but as compares get tougher and consumers remain under pressure, a key question is whether it can sustain its recent market share gains, the analyst tells investors in a research note.

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