Seeking Alpha

Goldman Sachs turns negative on The Fresh Market, shares -6.6%

  • The Fresh Market (TFM) is downgraded to a Sell rating from Neutral by Goldman Sachs.
  • The investment firm thinks TFM will be under pressure from rivals in the specialty grocery sector and could see higher input costs in key categories. The two trends are likely to cut into margins.
  • TFM -6.6% premarket
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Comments (1)
  • Brian Sanders
    , contributor
    Comments (981) | Send Message
     
    A top executive of the Dreyfus Corporation, one of the best private asset management firms in the world, once told me that sometimes it pays to buy when it hurts the most.

     

    GS recommendations said to buy at $60-65 (the top) and sell at $30 (possible bottom). Do the math.
    8 Jul 2014, 03:22 PM Reply Like
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