Whole Foods Market Reports Third Quarter Results
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Imperial Capital Cuts Price Target on Whole Foods Market (WFM) to $53 Following 3Q Results
July 31, 2015 7:49 AM EDTImperial Capital maintained an Outperform rating on Whole Foods Market (NASDAQ: WFM), and cut the price target to $53.00 (from $65.00), following 3Q15 results. WFM reported 3Q15 EPS of $0.43 vs. $0.41 in 3Q14. 4Q15 EPS is expected to be $0.34-0.35.
Analyst Mitchell Pinheiro commented, "We are maintaining our Outperform rating and lowering our one-year price target to $53 from $65 on shares... More
