Highest growth, lowest cost: Sprouts Farmers Market Inc. (SFM) Stock

BofA Securities lowered the price target for the Sprouts Farmers Market Inc. (NASDAQ:SFM) stock from ‘a Buy’ to ‘an Underperform’. The rating was released on May 05, 2023, according to finviz. We previously noted in another research note published on April 29, 2023 by BofA Securities that upgraded the stock from an Underperform to a Buy with a price target of $40 for SFM stock. The stock was downgraded by BMO Capital Markets, who disclosed in a research note on October 05, 2021, from Market Perform to Underperform and set the price objective to $19.