Guggenheim raised the firm’s price target on US Foods (USFD) to $80 from $75 and keeps a Buy rating on the shares. Following a late-day rally post-earnings, the firm believes the shares are “no longer inexpensive,” but adds that as investor attention shifts to 2026 over the next three to six months, the multiple drops below 10.0 times on a combination of growth and share buyback activity.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USFD:
- US Foods price target raised to $82 from $76 at BTIG
- US Foods Holding: Resilient Profitability and Strategic Growth Drive Buy Rating
- US Foods price target raised to $85 from $82 at Barclays
- US Foods Holding: Strong Earnings Beat and Resilient Growth Strategies Drive ‘Buy’ Rating
- US Foods Reports Strong Financial Performance for 2024