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Analysts Offer Insights on Consumer Goods Companies: Walmart (WMT) and United Natural Foods (UNFI)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Walmart (WMTResearch Report) and United Natural Foods (UNFIResearch Report).

Walmart (WMT)

In a report released today, Robert Ohmes from Bank of America Securities maintained a Buy rating on Walmart, with a price target of $190.00. The company’s shares closed last Tuesday at $162.50, close to its 52-week high of $165.85.

According to TipRanks.com, Ohmes is a 5-star analyst with an average return of 7.6% and a 55.1% success rate. Ohmes covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Life Time Group Holdings, and National Vision Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $178.96 average price target, representing a 9.8% upside. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $210.00 price target.

See the top stocks recommended by analysts >>

United Natural Foods (UNFI)

In a report released yesterday, Kelly Bania from BMO Capital downgraded United Natural Foods to Hold, with a price target of $13.00. The company’s shares closed last Tuesday at $13.73, close to its 52-week low of $13.65.

According to TipRanks.com, Bania is a 4-star analyst with an average return of 4.0% and a 60.9% success rate. Bania covers the Consumer Goods sector, focusing on stocks such as Albertsons Companies, Sprouts Farmers, and SpartanNash Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Natural Foods with a $17.50 average price target, implying a 16.0% upside from current levels. In a report released yesterday, BTIG also maintained a Hold rating on the stock.

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