United Natural Foods, Inc. Announces Termination of Albertsons Companies, Inc. Contract

Morgan Stanley Downgrades United Natural Foods (UNFI) to Equalweight

Morgan Stanley downgraded United Natural Foods (NASDAQ: UNFI) from Overweight to Equalweight with a price target of $63.00 (from $78.00).

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 $52.05 yesterday.

Canaccord Genuity Cuts Price Target to $65 Following United Natural Foods (UNFI) Loss of Albertsons Contract

Canaccord Genuity maintained a Buy rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $65.00 (from $71.00), following the loss of Albertsons business. The contract will be terminate on September 20th. Analyst Scott Winkle lowered revenue forecast by 4-5% to reflect... More

United Natural Foods (UNFI) PT Cut to $76 at Jefferies on Loss of Albertson's

Jefferies analyst Mark Wiltamuth lowered his price target on United Natural Foods (NASDAQ: UNFI) to $76.00 (from $84.00) but maintained a Buy rating after the company announced the loss of Albertson's.

Wiltamuth commented, "UNFI announced the loss of Albertson's, its largest conventional grocery... More

UPDATE: Oppenheimer Downgrades United Natural Foods (UNFI) to Perform

(Updated - July 21, 2015 10:24 AM EDT)

Oppenheimer downgraded United Natural Foods (NASDAQ: UNFI) from Outperform to Perform with a price target of $60.00 (from $70.00). Yesterday United Natural Foods announced that its contract as a distributor to Albertsons will end on September 20, 2015, rather than upon... More

Piper Jaffray Cuts Price Target on United Natural Foods (UNFI) to $67 Following Albertson's Contract Termination

Piper Jaffray reiterated an Overweight rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $67.00 (from $80.00), following the reported contract termination of one of the company's largest customers, Albertson's. Analyst Sean Naughton thinks that the contract is worth $0.14/share.

Naughton... More

United Natural Foods (UNFI) Announces Termination of Albertsons Companies Distribution Contract

United Natural Foods (NASDAQ: UNFI) announced that its contract as a distributor to Albertsons Companies, Inc. (Albertsons), which includes the Albertsons, Safeway and Eastern Supermarket chains, will terminate on September 20, 2015, rather than upon the original contract end date of July 31, 2016.

For the Company's fiscal year ending August 1, 2015, revenue from Albertsons is expected to be... More