United Natural Foods (UNFI) Prelim. Q2 Results Miss Views; FY15 Outlook Updated
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Piper Jaffray Cuts Price Target on United Natural Foods (UNFI) as Preliminary Results Miss Expectations
March 1, 2016 8:25 AM ESTPiper Jaffray reiterated a Neutral rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $31.00 (from $46.00), following the release of the company's preliminary 2Q earnings results. Results that fell short of consensus expectations on the top and bottom line. Sales are expected to be in the range of $2.046B to $2.048B, below... More
Jefferies Downgrades United Natural Foods (UNFI) to Hold
March 1, 2016 8:22 AM ESTJefferies downgraded United Natural Foods (NASDAQ: UNFI) from Buy to Hold with a price target of $34.00 (from $50.00).
Analyst Mark Wiltamuth commented, "UNFI preannounced a 2Q miss and sharply cut F16 guidance. While we hate downgrading after earnings, our prior thesis for a... More
BMO Capital Cuts Estimates Following United Natural Foods' (UNFI) Weak Preliminary 2Q Results
March 1, 2016 7:38 AM ESTBMO Capital reiterated a Market Perform rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $32.00 (from $40.00), ahead of the company's 2Q earnings release. UNFI release preliminary results lower than expectations. BMO cut EPS expectations to $0.48, down from a previous estimate... More
