US Foods (USFD) PT Raised to $82 at BTIG
BTIG analyst Peter Saleh raised the price target on US Foods (NYSE: USFD) to $82.00 (from $76.00) while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on US Foods following earnings as we believe the company can achieve its ~10% annual EBITDA growth target in several ways, as evidenced by results in the recent past. While the '25 case growth outlook was modestly below the long-term algorithm, the difference was minor, and we're encouraged by the strong start to the year. We don't believe the industry needs a significant improvement for US Foods to achieve its case volume targets, owing to share gains, sales force expansion and digital offerings. We think the self-improvement story is still in the middle innings here, and are keenly interested in the CHEF'STORE update that should be the next catalyst. We still see a good amount of upside remaining, and raise our price target to $82 from $76 as we roll forward to '26 estimates."
