52-week high in US Foods shares, exceeded earnings estimates, analysts revised price targets upward.
US Foods (USFD) shares hit a 52-week peak of $59.80, with a "Moderate Buy" consensus and a target price of $64.70. The company reported earnings of $0.93 per share and revenue of $9.71 billion, surpassing estimates. Analysts have revised price targets upward, while institutional investors hold nearly 99% of the stock. US Foods supplies food and non-food products to diverse foodservice clients across the U.S.
September 15, 2024
3 Articles