Roth MKM raised the firm’s price target on United Natural Foods (UNFI) to $26 from $20 and keeps a Neutral rating on the shares. The company reported a “strong” quarter that was highlighted by a volume growth acceleration and improvement across all segments, the analyst tells investors in a research note. United Natural intends to optimize opportunities by matching customer potential to asset capacity, restructure or simplify supplier-facing fees, and offer value-added services, the firm added.
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