Information Provided By:
Fly News Breaks for July 7, 2017
UNF
Jul 7, 2017 | 07:07 EDT
KeyBanc analyst Joe Box believes that UniFirst's "near-term backdrop" has improved, partly due to easing energy sector headwinds and market share gain opportunities. Box adds that the company's "more shareholder friendly" management/board could look to create more value for shareholders. However, he advises awaiting a better entry point and keeps a Sector Weight rating on the stock.