Whole Foods Market, Inc. (NASDAQ:WFM) was upgraded by
analysts at Credit Suisse from a “neutral” rating to an “outperform” rating in
a research report issued to clients and investors on Wednesday,
StockTargetPrices.com reports. The firm currently has a $40.00 target price on
the stock, up from their previous target price of $30.00. Credit Suisse’s
target price would suggest a potential upside of 23.65% from the stock’s
current price.
A number of institutional investors have recently bought and
sold shares of WFM. FDO Partners LLC purchased a new position in Whole Foods
Market during the first quarter worth approximately $240,000. First Manhattan
Co. raised its position in Whole Foods Market by 2.0% in the first quarter.
First Manhattan Co. now owns 10,000 shares of the company’s stock worth
$311,000 after buying an additional 200 shares in the last quarter. Quantum
Capital Management raised its position in Whole Foods Market by 8.8% in the
first quarter. Quantum Capital Management now owns 10,730 shares of the
company’s stock worth $334,000 after buying an additional 867 shares in the
last quarter. Exane Derivatives raised its position in Whole Foods Market by
108.2% in the first quarter. Exane Derivatives now owns 11,279 shares of the
company’s stock worth $351,000 after buying an additional 5,861 shares in the
last quarter. Finally, Iberiabank Corp raised its position in Whole Foods
Market by 53.0% in the first quarter. Iberiabank Corp now owns 11,297 shares of
the company’s stock worth $351,000 after buying an additional 3,915 shares in
the last quarter.
Source: American Banking and Market News