Sprouts Farmers Market jumps 15% on Q2 results and upgrades: Should you buy?

Financial Advisors

Sprouts Farmers Market jumps 15% on Q2 results and upgrades: Should you buy?

by

Sprouts Farmers Market Inc. (NASDAQ: SFM) saw its stock jump 15% today, buoyed by stellar Q2 results and a slew of analyst upgrades. On July 30th, Wells Fargo upgraded SFM’s stock from Underweight to Equal Weight, while also raising the price target from $62 to $90. This upgrade reflects a significant reassessment of Sprouts’ market

Share:
0