Wells Fargo Maintains Overweight on US Foods Hldg, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly maintains an Overweight rating on US Foods Holding (NYSE:USFD) and raises the price target from $66 to $75.
September 18, 2024 | 3:37 pm
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Wells Fargo has increased its price target for US Foods Holding from $66 to $75, maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $66 to $75 by Wells Fargo, along with maintaining an Overweight rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in USFD's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100