Whole Foods 2H comps guidance may be too high, says Cantor Cantor remains concerned about the effects of competitive pricing pressure on Whole Foods. The firm thinks the company could face execution challenges going forward, and it believes that the company's multiple remains too high, given its challenges. The firm cut its price target on the shares to $34 from $38 and keeps a Sell rating on the stock.
Whole Foods price target raised to $65 from $60 at BofA/Merrill BofA raised Whole Foods' price target to $65 following last week's analyst day citing impressive comp growth and technology investments. The firm is confident in Whole Foods' long-term outlook and reiterates its Buy rating.