Expectations lower for The Fresh Market

|About: The Fresh Market (TFM)|By:, SA News Editor

Goldman Sachs downgrades The Fresh Market (TFM) to a Neutral rating and lowers its price target on shares to $43.

The grocery store operators lowered its guidance last week after suffering an "unanticipated" sales slowdown.

The forecast for TFM's comparable-store sales growth has reset how analysts view earnings multiples.

TFM -0.5% premarket.