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Stock Market & Financial Investment News

News Breaks
July 8, 2014
12:45 EDTWFM, FWM, TFM, SFMThe Fresh Market sinks after Goldman downgrade to Sell
Shares of supermarket chain The Fresh Market (TFM) are tumbling after Goldman Sachs downgraded the stock, citing stronger competition and inflation, among other factors. WHAT'S NEW: Goldman analyst Stephen Grambling downgraded The Fresh Market to Sell from Neutral in a note to investors earlier today. The company is facing more competition in the specialty grocery space, along with rising meat costs and headwinds from the Affordable Care Act, Grambling stated. As a result of these factors, The Fresh Market's profits are likely to come in below its guidance, warned Grambling. The analyst slashed his price target on the name to $27 from $36, but estimated that the stock could drop 18% below his new target. PRICE ACTION: In early afternoon trading, The Fresh Market sank 3.6% to $31.48. Other supermarket chains also declined, with Whole Foods (WFM) dropping 2% to $38, Sprouts Farmers (SFM) losing 2.2% to $31.86, and Fairway Group (FWM) sliding 5% to $6.
News For TFM;WFM;SFM;FWM From The Last 14 Days
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September 4, 2015
11:05 EDTWFM, TFM, SFMWhiteWave, Hain outperform down market after William Blair says buy
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September 2, 2015
10:00 EDTTFMOn The Fly: Analyst Upgrade Summary
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08:16 EDTTFMThe Fresh Market upgraded to Neutral from Sell at Goldman
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September 1, 2015
18:01 EDTWFMTarget to serve alcohol in Chicago store, Fortune says
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16:19 EDTTFMThe Fresh Market names Richard Anicetti as President and CEO
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August 28, 2015
17:47 EDTWFMWhole Foods shares look cheap, Barron's reports
With its shares down about 50% from all-time highs, Whole Foods looks cheap, Barron's reports. On average over the past five years, the shares have been twice as expensive as the S&P 500 relative to earnings, but now that premium is only about 20%, and the stock could return 20% in a year, Barron's added. Reference Link
August 26, 2015
10:00 EDTSFMOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: BRE Group (CBG) initiated with a Buy at Sterne Agee CRT... Callidus Software (CALD) initiated with an Overweight at Piper Jaffray... Jones Lang LaSalle (JLL) initiated with a Neutral at Sterne Agee CRT... Natural Grocers (NGVC) initiated with a Buy at Jefferies... NextEra Energy Partners (NEP) initiated with an Outperform at Baird... Sprouts Farmers Markets (SFM) initiated with a Hold at Jefferies... Synchrony Financial (SYF) initiated with a Buy at Buckingham... TerraForm Global (GLBL) initiated with a Buy at Citi... Trina Solar (TSL) initiated with a Sell at Axiom... Zebra Technologies (ZBRA) initiated with an Outperform at Barrington.
06:52 EDTSFMSprouts Farmers Markets initiated with a Hold at Jefferies
Target $22.
August 25, 2015
09:59 EDTTFM, SFMOn The Fly: Analyst Upgrade Summary
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09:08 EDTTFMThe Fresh Market upgraded to Neutral from Sell at Northcoast
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07:51 EDTSFMSprouts Farmers Markets upgraded on valuation, momentum at Deutsche Bank
As noted earlier, Deutsche Bank upgraded Sprouts Farmers Market to Buy from Hold. The firm says that the stock's valuation is "very attractive." Deutsche believes that, given Sprouts' "attractive prices," the company can benefit from a decline in confidence among middle class consumers. The firm expects the company to regain momentum ,and raised its price target on the name to $24 from $20.
06:21 EDTSFMSprouts Farmers Markets upgraded to Buy from Hold at Deutsche Bank
August 24, 2015
18:02 EDTWFMS&P 500 enters correction territory amid global growth concerns
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