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Fly News Breaks for June 9, 2015
UNFI
Jun 9, 2015 | 07:09 EDT
Jefferies recommends using the pullback in shares of United Natural Foods following the company's' weaker than expected Q3 results as a buying opportunity. The firm believes United's organic growth may have bottomed and "takes comfort" in the announcement of two new perimeter customers. Jefferies cut its price target for shares to $84 from $90 and reiterates a Buy rating on the name.
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