The Fresh Market (TFM +6.3%) jumps after receiving an upgrade to Buy from Deutsche. The firm...

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

The Fresh Market (TFM +6.3%) jumps after receiving an upgrade to Buy from Deutsche. The firm thinks the grocery chain's Q1 strength has continued into Q2, and is encouraged by rival Whole Foods' strong FQ3 report. Deutsche believes TFM could eventually increase its store count by 5x, something that helps justify its steep valuation.