Barclays Maintains an 'Equalweight' on United Natural Foods (UNFI); Adjusting Numbers After Q4 Report

September 12, 2012 12:55 PM EDT Send to a Friend
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Price: $68.24 --0%

Rating Summary:
    5 Buy, 7 Hold, 1 Sell

Rating Trend: Down Down

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    Up: 0 | Down: 0 | New: 0
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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.




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