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Fly News Breaks for March 1, 2016
UNFI
Mar 1, 2016 | 07:50 EDT
Canaccord lowered its price target on United Natural Foods to $36 from $58 following preliminary Q2 results. The firm said the results reset the valuation, which stands at trough levels. Canaccord maintained its Buy rating on United Natural Foods shares, saying the free cash flow remains attractive and the balance sheet remains in good shape.
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