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.
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- US Foods price target raised to $83 from $77 at UBS
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