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Wedbush: Whole Foods Market Showed Better-Than-Expected Margins
Thursday, November 6, 2014 - 12:11pm | 215Kurt 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...
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UPDATE: Wedbush Reiterates On Jamba On Good Revenues Despite EPS Miss
Wednesday, November 5, 2014 - 10:58am | 138In 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...
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Wedbush Sees Downside To Weight Watchers International, Inc. Stock Price
Wednesday, October 1, 2014 - 1:26pm | 256Kurt 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...
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UPDATE: Wedbush Initiates Coverage On Sprouts Farmers Market
Thursday, August 28, 2014 - 11:55am | 311Kurt 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....
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Whole Foods Shares Drop On Wedbush Initiation
Thursday, August 28, 2014 - 11:24am | 197Whole 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...
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Inter Parfums's Q2 Sales Growth Smells Sweet (IPAR)
Friday, July 23, 2010 - 12:05pm | 115Inter 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...