Morgan Stanley Upgrades US Foods Hldg to Overweight, Raises Price Target to $54
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst John Glass upgraded US Foods Hldg (NYSE:USFD) from Equal-Weight to Overweight and raised the price target from $46 to $54.
June 20, 2023 | 10:23 am
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POSITIVE IMPACT
US Foods Hldg (USFD) has been upgraded to Overweight by Morgan Stanley, with a raised price target of $54.
Morgan Stanley's upgrade of US Foods Hldg to Overweight and raising the price target to $54 indicates a positive outlook for the stock. This is likely to have a short-term positive impact on the stock price as investors may see this as a sign of increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100