JP Morgan Maintains Neutral on US Foods Hldg, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on US Foods Holding (NYSE:USFD) but raises the price target from $60 to $68.
September 16, 2024 | 3:32 pm
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JP Morgan has maintained a Neutral rating on US Foods Holding but increased the price target from $60 to $68, indicating a positive outlook on the stock's potential.
The increase in price target from $60 to $68 by JP Morgan suggests 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 indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100