Goldman Sachs analyst Leah Jordan raised the firm’s price target on United Natural Foods to $22 from $15 and keeps a Neutral rating on the shares. The company delivered a Q4 earnings beat and in-line FY25 guidance, even though investors “leaned bearish” heading into the print, the analyst tells investors in a research note. The shift to positive wholesale volumes at the end of the quarter and United Natural’s newly announced 3-year outlook detailing margin growth amid flat sales reinforce that recent cyclical pressures should be largely in the rearview, the firm states, adding that the potential upside could also come from an increase in vendor promotions or favorable procurement opportunities.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on UNFI:

• United Natural Foods price target raised to $23 from $14 at BMO Capital

• United Natural Foods price target raised to $21 from $16 at UBS

• United Natural Foods rises 24.9%

• CVS to cut jobs, PepsiCo acquires Siete Foods: Morning Buzz

• United Natural Foods rises 22.9%