Loop Capital analyst Andrew Wolf lowered his price target on United Natural Foods to $14, saying he is turning more conservative on the stock with implied enterprise value to expected EBITDA multiple reduced to 6.0-times from 6.3-times. The analyst contends that the company remains a "show me" story and will likely incur higher costs after the recent news of the local Teamsters Union in Wisconsin making "reasonable" demands regarding their healthcare benefits with an authorized strike. Longer term, Wolf still keeps his Buy rating on United Natural Foods, noting that his forward earnings estimates remain unchanged.