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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