- Barrons.com•15 hours ago
Organic food can be good for your health – and portfolio. Whole Foods Market (WFM), the highest profile grocery chain that advocates against factory farming, is rising Monday after Macquarie analyst Bob Summers’ upgraded the stock. Summers boosted Whole Foods to Outperform and increased his target price by $10, to $38, writing that “regardless of recent same-store sales and operational challenges, Whole Foods remains a best-in-class operator with an iconic brand and a management team that has proven successful over long periods of time.” The shares, up 1.8% to $34.34 in recent trading, indeed look appetizing.
Whole Foods Market, Inc.NasdaqGS
Pre-Market: 33.64-0.93 (-2.69%) as of 6:20 AM EDT
|Bid||33.64 x 2000|
|Ask||34.00 x 1000|
|52wk Range||28.07 - 41.75|
|Day's Range||34.03 - 34.67|
|Avg Vol (3m)||6,116,906|
As of 4:00 PM EDT. Market closed.