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Barclays slaps $48 PT on Whole Foods - bidding war possible

Published 06/16/2017, 12:37 PM
© Reuters.  Barclays slaps $48 PT on Whole Foods - bidding war possible
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  • There's naturally speculation surrounding a possible higher deal price for Whole Foods (WFM +27.6%) following Amazon's (AMZN +3.2%) $42 per share offer.
  • Put Barclays (LON:BARC)' Karen Short down as the first to upgrade. Saying a bidding war is possible, she lifts Whole Foods to Overweight, with $48 price target.
  • WFM is currently changing hands at $42.19.
  • Now read: 80 Million Prime Subscribers Ready For Amazon's Pharmacy?


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