Why Sprouts Farmers Market (SFM) Is Gaining In Pre-Market Trade This Morning

NEW YORK (TheStreet) -- Shares of Sprouts Farmers Market Inc. (SFM) are higher by 2.91% to $29.67 in pre-market trading on Thursday following a ratings upgrade to "outperform" from "neutral" at Credit Suisse (CS).

The firm said it raised its rating on the specialty retailer of natural and organic food based on a valuation call following a recent pullback in shares.

Credit Suisse raised its price target on the stock to $34 from $31.

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SFM Chart SFM data by YCharts

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