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Fly News Breaks for July 28, 2015
UNFI
Jul 28, 2015 | 08:21 EDT
Canaccord lowered its price target on United Natural Foods to reflect the new competitive environment for the natural/organic foods sector. The firm said the company remains the largest distributor in the space but investor concerns over a heightened competitive environment has significantly impacted the valuation. Canaccord reiterated its Buy rating but lowered its price target to $60 from $65 on United Natural Foods shares.
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