Whole Food Stock Falls Following Downgrade

Shares of Whole Foods Market, Austin, Texas, fell about 5% — to close at $39.12 Friday following a negative overview of the company's prospects by Meredith Adler, an analyst with Lehman Bros. here.

NEW YORK — Shares of Whole Foods Market, Austin, Texas, fell about 5% — to close at $39.12 Friday following a negative overview of the company's prospects by Meredith Adler, an analyst with Lehman Bros. here. Whole Foods is scheduled to release first-quarter results later today. Adler downgraded the stock from "equal weight" to "underweight" and forecast earnings per share of 24 cents — 12 cents below Wall Street's consensus estimate of 36 cents — to reflect the shutdown of 11 Wild Oats store

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