Goldman Sachs Maintains Neutral Rating for United Natural Foods: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Neutral rating for United Natural Foods (NYSE:UNFI) but lowered its price target from $24.00 to $15.00. The shares of UNFI are currently trading down 3.34% at $14.20 per share. A move to $15.00 would account for a 5.64% increase from the current share price.
September 28, 2023 | 5:00 pm
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Goldman Sachs has maintained its Neutral rating for United Natural Foods but lowered its price target. This could potentially impact the stock's performance in the short term.
The lowering of the price target by Goldman Sachs, a major financial institution, could potentially lead to a decrease in investor confidence in UNFI, thereby negatively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100