Morgan Stanley Maintains Overweight on US Foods Hldg, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass has maintained an Overweight rating on US Foods Holding Corp. (USFD) and increased the price target from $54 to $56.
November 10, 2023 | 2:24 pm
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Morgan Stanley analyst John Glass has reaffirmed an Overweight rating on US Foods Holding Corp. and raised the price target to $56, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like John Glass from Morgan Stanley typically signals a strong conviction in the company's future performance and can positively influence investor sentiment, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100