Morgan Stanley Maintains Overweight on US Foods Hldg, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour has maintained an Overweight rating on US Foods Holding (USFD) and increased the price target from $62 to $64.
May 10, 2024 | 3:54 pm
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Morgan Stanley's analyst Brian Harbour reaffirmed an Overweight rating on US Foods Holding and raised the price target from $62 to $64, indicating a positive outlook on the stock.
Analyst ratings and price target adjustments are significant indicators for stock performance in the short term. An increase in the price target by a reputable analyst, such as from Morgan Stanley, typically signals confidence in the company's future performance, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100