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Fly News Breaks for March 27, 2015
UNFI
Mar 27, 2015 | 07:57 EDT
Jefferies believes United Natural Foods is entering a 3-to-5 year period of improved sales and free cash flow following a phase of heavy investment and the addition of perimeter-of-store sales capability. The firm expects United's free cash flow to turn positive in FY16 and keeps a Buy rating on the stock with a $90 price target.
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