BMO Capital raised the firm’s price target on Sprouts Farmers Market (SFM) to $140 from $102 and keeps a Market Perform rating on the shares. The company delivered an exceptionally strong Q3 with a step change in comp supported by industry-leading e-commerce comps, which drove its 39% EPS growth, and its guidance raise is suggesting that strong trends are poised to continue, the analyst tells investors in a research note.
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