Fairway Group (FWM) Reports Q2 Loss of 21c

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Fairway Group (FWM) PT Sliced at Jefferies Post Q4

May 30, 2014 6:47 AM EDT

Jefferies analyst Mark Wiltamuth reiterated a Buy rating but cut estimates and his price target on Fairway Group Holdings (NASDAQ: FWM) to $8.00 (from $12.00) following in-line Q4 results but weak guidance.

Wiltamuth commented, "Fairway's Adj. EBITDA for F4Q14 exceeded our estimate and was... More