Truist raised the firm’s price target on US Foods (USFD) to $78 from $74 and keeps a Buy rating on the shares as part of a broader research note offering the firm’s takeaways from the 2025 ICR Conference discussions. Restaurant and foodservice distributor management teams were cautiously optimistic about demand trends in FY25 and see no red flags on operating costs, the analyst tells investors in a research note. The company also believes they are in the early innings of margin expansion and productivity initiatives, including vendor negotiations, driving private label sales, more efficient routing and improved operations, the firm added.
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