Fresh look at The Fresh Market

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

The Fresh Market (TFM +2.2%) is upgraded by Northcoast to a Buy rating from Neutral.

The call cuts against the grain of the Street which has been leaning to the bearish side (Morgan Stanley, Goldman Sachs, Sterne Agree) on the specialty grocery store operator.

Northcoast thinks shares of TFM were oversold and sees positive fundamental factors.