The Fresh Market (TFM) Tops Q4 EPS by 4c; Will Shutter Some California Operations

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Go back to The Fresh Market (TFM) Tops Q4 EPS by 4c; Will Shutter Some California Operations

BofA/Merrill Lynch Downgrades The Fresh Market (TFM) to Neutral

March 9, 2015 6:15 AM EDT

BofA/Merrill Lynch downgraded The Fresh Market (NASDAQ: TFM) from Buy to Neutral while maintaining a price target of $45, citing valuation and uncertainty.

Analyst Robert Ohmes noted Q415 EPS was in-line but the company's guidance has them lowering FY 16 EPS from $1.90 to $1.85.

Ohmes... More