Cowen & Company Initiates Whole Foods Market With Market Perform

Cowen & Company initiated coverage on

with a Market Perform rating. The target price for Whole Foods Market is set to $53. Whole Foods Market shares have gained 2.39% over the past 52 weeks, while the S&P 500 index has surged 11.14% in the same period. Whole Foods Market's shares fell 0.32% to $52.56 in after-hours trading.