Piper Sandler raised the firm’s price target on US Foods (USFD) to $77 from $75 and keeps an Overweight rating on the shares following quarterly results. For 2025, US Foods provided guidance that aligned with the three-year targets that were provided at its June 2024 Investor Day. Specifically, Piper notes that US Foods is guiding to 4%-6% net sales growth, 8%- 12% adjusted EBITDA growth, and 17%-23% adjusted EPS growth this year.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USFD:
- US Foods Delivers Record Earnings and Positive Outlook
- US Foods price target raised to $83 from $78 at Deutsche Bank
- US Foods Holding ‘Buy’ Rating: Strong Execution, Market Share Gains, and Strategic Growth Initiatives Justify Price Target Increase
- US Foods price target raised to $83 from $77 at UBS
- US Foods price target raised to $80 from $75 at Guggenheim