Morgan Stanley Reiterates Equal-Weight On Whole Foods Market (WFMI)

Morgan Stanley reiterated its Equal-weight rating on Whole Foods Market WFMI in a report published today. In the report, Morgan Stanley states, "With its current valuation, we believe that WFMI shares will need to beat estimates and raise EPS guidance for the stock to accelerate from here." In today's pre-market trading, Whole Foods lost 2.41% of its value. Its shares are currently trading at $61.25, down from the Friday's closing value of $62.76.