US Foods (USFD) Soars 1.56% On Positive Analyst Targets
US Foods Holding Corp. (USFD) shares surged to a record high today, with an intraday gain of 1.56%.
Morgan Stanley recently increased their price target for US FoodsUSFD-- from $81.00 to $84.00, maintaining an "overweight" rating. This move reflects a positive outlook from a major financial institution, potentially influencing investor sentiment and driving the stock price higher.
US Foods' products launched in Scoop™ surpassed the $1 billion annual sales mark for the first time in 2024. This milestone indicates strong product performance and is likely to contribute positively to the company's stock performance and investor confidence.
Multiple updates to the price target for USFDUSFD-- stock, including JPMorganJPM-- raising their target to $85, suggest an optimistic view of the company's future performance. These adjustments from financial analysts can potentially drive stock price appreciation.
On June 18, 2025, US Foods announced changes to its board of directors. Such corporate governance changes can influence investor perceptions and the stock's future direction, potentially impacting the stock price.
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