Barclays Maintains an 'Equalweight' on United Natural Foods (UNFI); Adjusting Numbers After Q4 Report
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Price: $54.60 +0.04%
Rating Summary:
6 Buy, 5 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Rating Summary:
6 Buy, 5 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Trade UNFI Now!
Barclays maintains an 'Equalweight' on United Natural Foods (NASDAQ: UNFI) price target of $53.00 (from $51.00).
Analyst, Meredith Adler, said, "UNFI has been gaining market share in an expanding industry, and this has led to strong revenue growth. Much of the increase has come from lower-margin customers, however, and the company has had the tough task of cutting expenses rapidly in order to prevent the operating margin from deteriorating."
FY13 EPS estimate lowered from $2.27 to $2.24. FY14 from $2.56 to $2.50.
For an analyst ratings summary and ratings history on United Natural Foods click here. For more ratings news on United Natural Foods click here.
Shares of United Natural Foods closed at $55.24 yesterday, with a 52 week range of $32.83-$61.21.
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Analyst, Meredith Adler, said, "UNFI has been gaining market share in an expanding industry, and this has led to strong revenue growth. Much of the increase has come from lower-margin customers, however, and the company has had the tough task of cutting expenses rapidly in order to prevent the operating margin from deteriorating."
FY13 EPS estimate lowered from $2.27 to $2.24. FY14 from $2.56 to $2.50.
For an analyst ratings summary and ratings history on United Natural Foods click here. For more ratings news on United Natural Foods click here.
Shares of United Natural Foods closed at $55.24 yesterday, with a 52 week range of $32.83-$61.21.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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