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Whole Foods shares rise amid bullish Barron’s report

Whole Foods stock gaining on bullish Barron's article

Shares of Whole Foods rose nearly 2.5 percent Monday on the heels of a bullish Barron's report.

The report published Saturday said the stock could return 20 percent over the next year, adding that the launch of its new 365 value chain unlocks a new market for Whole Foods.

The 365 chain debuted May 25 in Los Angeles.

Entering Monday's trading session, Whole Foods' stock was up just 1.7 percent year to date, but had gained more than 15 percent over the past six months.

WFM in past 6 monthsSource: FactSet

Click here to read the full Barron's story.