Fairway Group may be pressured by new Whole Foods, says Jefferies Jefferies believes a new Whole Foods (WFM) store opening in Brooklyn could pressure Fairway Group's (FWM) Red Hook location. Further, the firm's store checks indicate light traffic and stepped-up promotional activity at Fairway's Chelsea store. Jefferies lowered its price target for Fairway Group shares to $23 from $30 but maintains a Buy rating on the stock.
News For FWM;WFM From The Last 14 Days
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