Univar Announces Pricing of Sale of 15,000,000 Shares of Common Stock by Selling Stockholders

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Univar (UNVR) PT Raised to $34 at Jefferies Following 4Q Preannouncement

February 2, 2017 8:37 AM EST

Jefferies raised its price target on Univar (NYSE: UNVR) to $34.00 (from $26.00) while maintaining a Buy rating following the company's 4Q preannouncement.

Analyst Laurence Alexander commented, "The macro environment remains sluggish, but Univar's recent preannouncement should help focus the discussion on end-market trends (largely known),... More