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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100