BMO Capital Maintains Market Perform on United Natural Foods, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kelly Bania has maintained a 'Market Perform' rating on United Natural Foods (NYSE:UNFI) but lowered the price target from $20 to $13.

September 27, 2023 | 12:53 pm
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United Natural Foods' price target has been lowered from $20 to $13 by BMO Capital, though the 'Market Perform' rating is maintained.
The lowering of the price target by BMO Capital indicates a less optimistic outlook for United Natural Foods, which could negatively impact the stock's price in the short term. However, the maintenance of the 'Market Perform' rating suggests that the company is still expected to perform in line with the market, mitigating some of the potential negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100