American Century Companies Inc. increased its stake in UniFirst by 25.9%, owning 173,315 shares valued at $29.7 million. Envestnet Asset Management and Dimensional Fund Advisors also raised their holdings, with 78.17% of the stock owned by institutional investors. UBS Group raised UniFirst's price target to $235, while analysts maintain a "Hold" rating with a consensus target price of $197.50.
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