Sprouts Farmers Market price target lowered to $170 from $190 at Evercore ISI

Group 1 - Evercore ISI has lowered the price target on Sprouts Farmers Market (SFM) to $170 from $190 while maintaining an Outperform rating on the shares [1] - A recent visit with Sprouts' leadership at the Groceryshop conference revealed a "solid" multi-year growth plan and "an attractive entry point" for investors [1] - The price target adjustment is attributed to slowing comparable store sales and increased competition in the market [1]