JP Morgan Maintains Neutral on US Foods Hldg, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe has maintained a Neutral rating on US Foods Holding Corp. (USFD) and increased the price target from $44 to $46.
November 17, 2023 | 3:36 pm
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JP Morgan analyst John Ivankoe maintains a Neutral rating on US Foods Holding Corp. but raises the price target from $44 to $46.
The increase in price target by JP Morgan suggests a positive outlook on the company's valuation, which could lead to a short-term increase in the stock price. However, the Neutral rating indicates that the analyst does not see significant upside or downside potential from the current level.
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