UBS Maintains Buy on US Foods Hldg, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Mark Carden maintains a Buy rating on US Foods Hldg (NYSE:USFD) and raises the price target from $64 to $67.
May 10, 2024 | 6:25 pm
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POSITIVE IMPACT
UBS analyst Mark Carden reaffirmed a Buy rating on US Foods Holding Corp. and increased the price target from $64 to $67, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst like Mark Carden suggests a strong confidence in the company's future performance. This is likely to be viewed positively by the market, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100