Kroger (KR) Bid for Fresh Market (TFM) 'Surprising'; May See Value in Small Box - Oppenheimer
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Price: $28.51 --0%
Rating Summary:
4 Buy, 16 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
4 Buy, 16 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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Oppenheimer sees a The Fresh Market (Nasdaq: TFM) with a Fair Value of $25 - $29. The firm is surprised that Kroger (NYSE: KR) is making a bid, though the grocer might be seeing value in small-box operations.
For more on the M&A chatter, click here.
Fresh Market shares are up over 16 percent Thursday. Oppenheimer last had the company with a Perform rating.
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