Sterne Agee Initiates Sprouts Farmers Market At Neutral

Analysts at Sterne Agee initiated coverage on Sprouts Farmers Market, Inc. (NASDAQ: SFM) with a Neutral rating.The target price for Sprouts Farmers Market is set to $38.Sprouts Farmers Market shares have dropped 8.12% over the past 52 weeks, while the S&P 500 index has surged 11.93% in the same period.Sprouts Farmers Market's shares fell 1.82% to close at $33.96 yesterday.