JPMorgan raised the firm’s price target on US Foods (USFD) to $82 from $70 and keeps a Neutral rating on the shares. The firm updated its free cash flow driven valuation, which excludes spend for acquisitions but includes capital lease principal payments.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USFD: