JP Morgan Maintains Neutral on US Foods Hldg, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on US Foods Holding (NYSE:USFD) and raises the price target from $52 to $58.

June 03, 2024 | 2:38 pm
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JP Morgan analyst John Ivankoe maintains a Neutral rating on US Foods Holding (NYSE:USFD) and raises the price target from $52 to $58.
The raised price target from $52 to $58 indicates a positive outlook on US Foods Holding's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100