Kurt Frederick

Kurt Frederick of Wedbush reiterated on Thursday a Neutral rating and $40 price target on Whole Foods Market, Inc. (NYSE: WFM) following the company's fourth-quarter results that were released after Wednesday's trading session. Whole Foods margin contract of 30 basis points to 35.4 percent was...

In a report published Wednesday, Wedbush analyst Kurt Frederick reiterated an Outperform rating on Jamba, Inc. (NASDAQ: JMBA), but lowered the price target from $17.00 to $15.00. In the report, Wedbush noted, “Revenues of $59M were in line with our estimate, while adjusted EPS of $0.03 fell well...

Kurt Frederick of Wedbush released a cautious note on Weight Watchers International, Inc. (NYSE: WTW). The analyst maintained a Neutral rating and $20 price target, meaningfully below Tuesday's closing price of $27.44. "In recent years increased competition led to increased investment...

Kurt Frederick of Wedbush initiated coverage on Sprouts Farmers Market (NASDAQ: SFM), along with other natural organic grocers. Frederick believes that Sprouts offers investors a “compelling unit growth” opportunity with just 177 of a possible 1,200 locations in the United States currently open....

Whole Foods (NASDAQ: WFM) shares are selling Thursday morning after Wedbush announced new coverage. Analyst Kurt Frederick initiated coverage at Neutral and a $40 price target. Addressing the upcoming 2015 remodeling of 200 stores, Frederick commented "The remodel of up to 200 stores in...

Inter Parfums preannounced Q2 revenues and were well ahead of expectations. The company experienced Q2 sales growth of 22% to $108 million, above consensus of $95. Inter Parfums is a maker of fragrances and fragrance related products. It operates primarily in Europe. Wedbush analysts Rommel...