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US Foods price target raised to $76 from $72 at BTIG
The Fly

US Foods price target raised to $76 from $72 at BTIG

BTIG raised the firm’s price target on US Foods (USFD) to $76 from $72 and keeps a Buy rating on the shares after its Q3 earnings beat. Hurricanes in the southeast disrupted case volumes late in the quarter and early in Q4, though the firm was encouraged to hear of a bounce back in recent weeks and impressed that earnings were still able to top its estimate, the analyst tells investors in a research note.

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