BTIG raised the firm’s price target on US Foods (USFD) to $82 from $76 and keeps a Buy rating on the shares after its Q4 earnings beat. The firm contends that the company can achieve its 10% annual EBITDA growth target in several ways, as evidenced by results in the recent past, adding that while the FY25 case growth outlook was modestly below the long-term algorithm, the difference was minor, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USFD:
- 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
- US Foods reports Q4 adjusted EPS 84c, consensus 80c