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Fly News Breaks for July 21, 2015
UNFI
Jul 21, 2015 | 07:00 EDT
BofA/Merrill downgraded United Natural Foods to Underperform to reflect downside risks following the Albertson's contract loss. The firm said the contract loss implies further in-house disruptions and potential for irrational price competition. BofA/Merrill lowered its price target to $50 from $70 on shares.
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