BMO Capital analyst Kelly Bania raised the firm’s price target on Sprouts Farmers Market (SFM) to $180 from $140 and keeps a Market Perform rating on the shares. The company reported a strong Q4 beat with EPS growing 60% year over year, bringing 2024 EPS to 32% growth, while its 2025 guidance implies continued momentum calling for 20%-25% EPS growth on mid-single-digit comps, the analyst tells investors in a research note.
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Read More on SFM:
- Sprouts Farmers Market price target raised to $146 from $105 at Roth MKM
- Sprouts Farmers Market Reports Strong 2024 Results
- Closing Bell Movers: Booking gains 3%, Akamai down 8% on earnings
- Sprouts Farmers Market Reports Strong 2024 Financial Growth
- Sprouts Farmers Market reports Q4 EPS 79c, consensus 73c