BMO Capital raised the firm’s price target on US Foods (USFD) to $85 from $75 and keeps an Outperform rating on the shares as part of a broader research note previewing 2025 in Food Retail. The stock’s valuation is above its three-year pre-COVID average, but the firm is positive on the company’s potential for upside to valuation with stronger execution of initiatives, combined with continued strength in non-economically sensitive food service segments, such as healthcare and hospitality, the analyst tells investors in a research note.
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Read More on USFD:
- US Foods a Buy at Melius Research as firm rolls out food distributor coverage
- US Foods initiated with a Buy at Melius Research
- US Foods price target raised to $82 from $79 at Jefferies
- US Foods awarded $130.4M Defense Logistics Agency contract
- US Foods price target raised to $75 from $61 at Piper Sandler
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
