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United Natural Foods Likely To Post Q4 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

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United Natural Foods Likely To Post Q4 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

United Natural Foods, Inc. (UNFI) is set to release its financial results for the fourth quarter of fiscal year 2023, ending July 29, 2023, before the market opens on September 26, 2023.

Analysts predict that the company will post a quarterly loss of 28 cents per share, compared to earnings of $1.27 per share in the same period last year. Revenue is expected to reach $7.47 billion, up from $7.27 billion in the previous year.

On Friday, United Natural Foods’ shares closed at $18.85, dropping 2.1%.

For the latest analyst ratings on United Natural Foods and other stocks, please visit the Analyst Stock Ratings page on Benzinga. Here, readers can sort ratings by stock ticker, company name, analyst firm, rating change, and other criteria.

Let’s examine the ratings from Benzinga’s most accurate analysts in the recent period.

  • BMO Capital analyst Kelly Bania, with a 68% accuracy rate, maintained a Market Perform rating and reduced the price target from $28 to $20 on June 9, 2023.
  • Wells Fargo analyst Edward Kelly, maintaining a 75% accuracy rate, kept an Equal-Weight rating and lowered the price target from $28 to $20 on June 8, 2023.
  • Deutsche Bank analyst Krisztina Katai, with a 70% accuracy rate, maintained a Hold rating and decreased the price target from $41 to $35 on March 9, 2023.
  • CL King analyst Andrew Wolf, boasting a 76% accuracy rate, downgraded the stock from Buy to Neutral on March 9, 2023.

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