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Stock Market & Financial Investment News

News Breaks
June 12, 2014
13:27 EDTSFM, WFM, UNFISprouts Farmers Markets rises after analyst upgrades shares
Shares of organic food supermarket chain Sprouts Farmers Markets (SFM) are climbing after Credit Suisse upgraded the stock, saying that its recent decline has created a buying opportunity. WHAT'S NEW: The recent decline in Sprouts stock seems to have created a more attractive entry point, wrote Credit Suisse in a note to investors earlier today. Although the specialty food supermarket space is poised to become more competitive, Spouts' focus on providing affordable produce makes it "disruptive," Credit Suisse contended. Since it's difficult to change consumers' perception about food prices, other companies will have difficulty competing with Sprouts over the longer term, the firm believes. Additionally, Credit Suisse wrote that Sprouts' earnings outlook is strong, while it can open many more stores and deliver high growth. The firm raised its rating on the shares to Outperform from Neutral and increased its price target on the stock to $34 from $31. PRICE ACTION: In early afternoon trading, Sprouts climbed 4% to $30. Another organic food supermarket chain, Whole Foods (WFM), gained 3.5% to $42.50. Meanwhile, United Natural Foods (UNFI), which operates distribution centers and distributes organic foods, rose 2% to $64
News For SFM;WFM;UNFI From The Last 14 Days
Check below for free stories on SFM;WFM;UNFI the last two weeks.
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August 28, 2014
09:57 EDTWFMOn The Fly: Analyst Initiation Summary
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07:59 EDTSFMSprouts Farmers Markets initiated with an Outperform at Wedbush
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06:34 EDTWFMWhole Foods initiated with a Neutral at Wedbush
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August 27, 2014
16:00 EDTWFMOptions Update; August 27, 2014
iPath S&P 500 VIX Short-Term Futures up 26c to 27.89 Option volume leaders: AAPLTWTR TSLA PBR RSH GILD MCD AMZN WFM according to Track Data.
August 26, 2014
09:51 EDTUNFIOn The Fly: Analyst Initiation Summary
Cray (CRAY) initiated with a Buy at Stifel... Enphase Energy (ENPH) initiated with a Buy at Needham... FCB Financial (FCB) initiated with a Buy at UBS... FCB Financial initiated with an Overweight at JPMorgan... Goldman Sachs (GS) initiated with a Buy at MKM Partners... HealthEquity (HQY) initiated with a Neutral at RW Bair... Mobileye (MBLY) initiated with a Buy at Deutsche Bank... Mobileye initiated with a Neutral at Goldman... Mobileye initiated with a Neutral at RW Baird... Mobileye initiated with an Overweight at Barclays... RAIT Financial (RAS) initiated with an Outperform at JMP Securities... SunEdison (SUNE) initiated with an Outperform at FBR Capital... Mobileye initiated with an Outperform at Raymond James... Transocean Partners (RIG) initiated with an Overweight at Morgan Stanley... GT Advanced (GTAT) coverage resumed with an Overweight at Piper Jaffray... LinkedIn (LNKD) initiated with an Overweight at First Analysis... CSC (CSC) initiated with a Sector Perform at RBC Capital... United Natural Foods (UNFI) initiated with an Overweight at Stephens.
09:03 EDTUNFIUnited Natural Foods initiated with an Overweight at Stephens
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