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.
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IMPORTANCE 80
RELEVANCE 100