Seeking Alpha

Whole Foods Market on the move after upgrade

Whole Foods Market (WFM) is upgraded to an Overweight rating by Piper Jaffray from its previous stance of Neutral.

The investment firm has a $61 price target on WFM.

WFM +1.8% premarket to $53.18

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Comments (3)
  • Lordfraudmountain
    , contributor
    Comments (101) | Send Message
    Too shortsighted. 1000-1200 stores v current 368 and move toward organic, natural , gluten free no carb no sugar diets will result in the demographic that controls 70% of all US money flocking to $WFM. Stock should turn in to a 1991 version of $WMT and increase 5 fold next 8-10 years,
    3 Feb 2014, 08:49 AM Reply Like
  • Gary J
    , contributor
    Comments (8111) | Send Message
    The stock has been beaten down some with bad news in the food sector which it should not be compared to anyway. Long term holders have no complaints though.
    3 Feb 2014, 08:54 AM Reply Like
  • bgold1955
    , contributor
    Comments (2321) | Send Message
    Also was light on revs last qtr. IMO, long term hold.
    12 Feb 2014, 08:17 AM Reply Like
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