Goldman Sachs Maintains Neutral on United Natural Foods, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Leah Jordan has maintained a Neutral rating on United Natural Foods (NYSE:UNFI) and reduced the price target from $15 to $13.
December 07, 2023 | 2:45 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on United Natural Foods and lowers the price target from $15 to $13.
The reduction in price target by Goldman Sachs could lead to a negative perception among investors, potentially causing a short-term decline in UNFI's stock price. The Neutral rating suggests no significant change in the company's fundamentals, but the lower price target indicates a reduced valuation expectation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100