Whole Foods’ Q2 May Be Soft, But Valuation Limits Downside: OpCo

Whole Foods Market ( WFM ) reports earnings next week, and Oppenheimer warns investors not to be too optimistic. Analysts Rupesh Parik and Erica Eiler reiterated an Outperform rating and $38 price target on Whole Foods, but see it as most appropriate for long-term investors. As for the upcoming second quarter, they see the potential for another quarter of “softish” comparable sales that could fall short of expectations. Read More »