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Fairway Group Holdings Corp (NYSE:FWM) was downgraded by equities research analysts at Oppenheimer from an “outperform” rating to a “market perform” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. They currently have a $10.00 target price on the stock, down from their previous target price of $20.00. Oppenheimer’s price target indicates a potential upside of 23.15% from the company’s current price.

Fairway Group Holdings Corp (NYSE:FWM) opened at 8.12 on Friday. Fairway Group Holdings Corp has a 52 week low of $8.02 and a 52 week high of $28.87. The stock has a 50-day moving average of $14.15 and a 200-day moving average of $20.68. The company’s market cap is $336.1 million.

Fairway Group Holdings Corp (NYSE:FWM) last released its earnings data on Thursday, February 6th. The company reported ($0.74) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.70. The company had revenue of $205.70 million for the quarter, compared to the consensus estimate of $207.80 million. The company’s quarterly revenue was up 14.3% on a year-over-year basis. On average, analysts predict that Fairway Group Holdings Corp will post $-2.33 earnings per share for the current fiscal year.

Separately, analysts at Jefferies Group cut their price target on shares of Fairway Group Holdings Corp from $30.00 to $23.00 in a research note to investors on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. Fairway Group Holdings Corp currently has an average rating of “Hold” and a consensus price target of $15.80.

Fairway Group Holdings Corp. operates in the retail food industry, selling fresh, natural and organic products, prepared foods, and specialty and gourmet offerings along with a assortment of conventional groceries.

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