UPDATE: Oppenheimer Initiates Coverage on Whole Foods Market
February 21, 2014 at 08:46 AM EST
In a note released Thursday, Oppenheimer initiated coverage on Whole Foods Market (NASDAQ: WFM ) with an Outperform rating and a $63 price target. Oppenheimer analyst Rupesh Parikh outlined the key points which explain this valuation of Whole Foods. Whole Foods has consistently outperformed peers with 7 percent comp growth
