Truist Financial analyst Jake Bartlett maintains $US Foods Holding (USFD.US)$ with a buy rating, and adjusts the target price from $66 to $74.
According to TipRanks data, the analyst has a success rate of 64.7% and a total average return of 17.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $US Foods Holding (USFD.US)$'s main analysts recently are as follows:
The company observed a Q3 EBITDA and earnings surpassing expectations, as reported by an analyst.
US Foods delivered a solid set of results despite challenging conditions. This performance is particularly noteworthy given the company's significant exposure to the Southeast region, which was affected by hurricanes in Q3.
US Foods' Q3 earnings surpassed expectations despite hurricanes in the southeast disrupting case volumes towards the end of the quarter and into the early part of Q4. Analysts have been reassured by the company's recent recovery in case volumes and its ability to exceed earnings projections.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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