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Fly News Breaks for March 9, 2018
UNFI
Mar 9, 2018 | 07:46 EDT
Loop Capital analyst Andrew Wolf raised his price target on United Natural Foods to $61 after the company's Q2 earnings beat, saying "fundamental momentum accelerated" as operating margins expanded for the first time since 2015 thanks to the company's strategic changes. The analyst adds that valuation on United Natural Foods is attractive and continued operational leverage is "likely", keeping his Buy rating on the stock.
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