Truist Financial Corp Decreases Holdings in Sprouts Farmers Market, Inc. $SFM
Truist Financial Corp significantly reduced its stake in Sprouts Farmers Market ($SFM) by 81.1% in the fourth quarter, selling 33,332 shares. Despite this, Sprouts Farmers Market reported strong quarterly results, exceeding analyst expectations with EPS of $1.71 and revenue of $2.33 billion. Wall Street analysts hold a "Hold" consensus rating with an average target price of $96.08, though some recent price target adjustments have been made.