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UPDATE: Jefferies Initiates Coverage on Whole Foods Market on Positive Forecast
Tuesday, October 8, 2013 - 9:04am | 103In a report published Tuesday, Jefferies analyst Mark Wiltamuth initiated coverage on Whole Foods Market (NASDAQ: WFM) with a Buy rating and $70.00 price target. In the report, Jefferies noted, “Whole Foods is riding 7-10% organic food industry growth and we see it delivering 20-22% long-term EPS...
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UPDATE: Jefferies Initiates Coverage on Vitamin Shoppe on Anticipated Weak Sales Trends, Margin Pressure
Tuesday, October 8, 2013 - 9:04am | 117In a report published Tuesday, Jefferies analyst Mark Wiltamuth initiated coverage on Vitamin Shoppe (NYSE: VSI) with a Hold rating and $42.00 price target. In the report, Jefferies noted, “We see risk of weak same store sales trends persisting into 2H13, and margins will be under pressure from...
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UPDATE: Jefferies Initiates Coverage on Rite Aid on Turnaround in Progress, Approaching Headwinds
Tuesday, October 8, 2013 - 9:04am | 110In a report published Tuesday, Jefferies analyst Mark Wiltamuth initiated coverage on Rite Aid Corporation (NYSE: RAD) with a Hold rating and $5.30 price target. In the report, Jefferies noted, “Rite Aid has made progress in its turnaround, but we see declining EBITDA in the near-term as the...
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UPDATE: Jefferies Initiates Coverage on SYSCO on Weak Demand, Persistent Margin Risks
Tuesday, October 8, 2013 - 9:04am | 98In a report published Tuesday, Jefferies analyst Mark Wiltamuth initiated coverage on SYSCO Corporation (NYSE: SYY) with a Hold rating and $30.00 price target. In the report, Jefferies noted, “While Sysco enjoys scale advantages as the largest player in the US food-service industry, restaurant...