BofA/Merrill Lynch Downgrades Whole Foods Market (WFM) to Neutral

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Go back to BofA/Merrill Lynch Downgrades Whole Foods Market (WFM) to Neutral

Jefferies Lower Whole Foods Market (WFM) PT to $50 Following 1Q

May 7, 2015 8:15 AM EDT

Jefferies maintains a Hold rating on Whole Foods Market (NASDAQ: WFM) and lowers the price target to $50 (from $56) after WFM comps return to 2014 lows. Despite the value-focused concept announcement by WFM, Jefferies believes comp headwinds could continue to cause trouble.

Jefferies analyst Mark... More

RBC Capital Upgrades Whole Foods Market (WFM) to Outperform

May 7, 2015 6:12 AM EDT

RBC Capital upgraded Whole Foods Market (NASDAQ: WFM) from Sector Perform to Outperform with a price target of $51.00 (from $54.00), with shares down 11.9% following results after the close. The firm believes comps can now accelerate.

Analyst William Kirk... More

Whole Foods Market (WFM) Reports In-Line Q2 EPS

May 6, 2015 4:04 PM EDT

Whole Foods Market (NASDAQ: WFM) reported Q2 EPS of $0.43, in-line with the analyst estimate of $0.43. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.7 billion.

Comparable store sales on a constant currency basis increased 3.6%, including an estimated 50 basis point positive impact from Easter shifting from the third quarter last year to the second quarter this year.

The Company's targets for... More