Roth MKM Maintains Neutral Rating for United Natural Foods: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Roth MKM has maintained its Neutral rating for United Natural Foods (NYSE:UNFI) but lowered its price target from $22.00 to $15.00. Despite this, UNFI's shares have increased by 5.32% over the last 24 hours, trading at $14.46 per share.
September 27, 2023 | 5:00 pm
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NEUTRAL IMPACT
Despite Roth MKM lowering its price target for UNFI from $22.00 to $15.00, the company's shares have increased by 5.32% over the last 24 hours.
Roth MKM's decision to lower its price target for UNFI could have a negative impact on the company's stock. However, the shares have increased by 5.32% over the last 24 hours, indicating that the market may not be reacting negatively to this news. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100