Wells Fargo Maintains Equal-Weight on United Natural Foods, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly maintains an Equal-Weight rating on United Natural Foods (NYSE:UNFI) and lowers the price target from $28 to $20.
June 08, 2023 | 3:03 pm
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Wells Fargo analyst Edward Kelly maintains an Equal-Weight rating on United Natural Foods and lowers the price target from $28 to $20.
The news directly mentions United Natural Foods (NYSE:UNFI) and the lowered price target by Wells Fargo analyst Edward Kelly. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, and the lowered price target may not have a significant short-term impact on the stock price. However, the lowered price target could influence investor sentiment and potentially affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100