JP Morgan Maintains Neutral on US Foods Hldg, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe has maintained a Neutral rating on US Foods Holding Corp. (USFD) and raised the price target from $50 to $52.
March 19, 2024 | 11:53 am
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JP Morgan has maintained a Neutral rating on US Foods Holding Corp. (USFD) and increased the price target from $50 to $52.
The increase in the price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential impact.
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