BofA/Merrill Lynch Downgrades United Natural Foods (UNFI) to Underperform
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Price: $48.04 +2.74%
Rating Summary:
11 Buy, 21 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
11 Buy, 21 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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BofA/Merrill Lynch downgraded United Natural Foods (NASDAQ: UNFI) from Neutral to Underperform with a price target of $50.00 (from $70.00). Analyst Robert Ohmes expressed concerns related to valuation and risks following the Albertson's contract loss.
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 $62.54 yesterday.
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