JPMorgan downgrades Whole Foods Market

|About: Whole Foods Market, Inc. (WFM)|By:, SA News Editor

JPMorgan downgrades Whole Foods Market (NASDAQ:WFM) to a Neutral rating from Overweight following the release of FQ3 results from the grocery store operator.

Decelerating comps and margin pressures are a concern to BofA.

WFM -3.7% premarket to $37.70.