United Natural Foods (UNFI) PT Raised at BMO Capital; 'Optimization Work Ahead of Schedule'
BMO Capital analyst Kelly Bania raised the price target on United Natural Foods (NYSE: UNFI) to $52.00 (from $48.00) while maintaining an Outperform rating.
The analyst commented: "Optimization Work Ahead of Schedule; UNFI's F2Q26 was a solid beat and raise for the bottom line despite softer sales. UNFI continues to demonstrate strong execution of its network optimization strategy, which is ahead of schedule, and EBITDA targets remain very achievable. Management initiatives to improve efficiencies beyond network optimization remain encouraging. We estimate underlying sales while slightly weaker, remain solid, and we continue to model a return to LSD% overall sales growth in F2027. We reiterate our Outperform and raise our target to $52."
