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Fly News Breaks for June 7, 2018
UNFI
Jun 7, 2018 | 09:04 EDT
Wells Fargo analyst Edward Kelly lowered his price target for United Natural Foods to $45 from $50 after the company's Q3 update generally disappointed, as strong sales were more than offset by weak underlying margins and poor transparency around a material accounting change. The analyst reiterates a Market Perform rating on the shares.
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