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USFD

US Foods

$38.03

-0.19 (-0.50%)

06:20
08/16/19
08/16
06:20
08/16/19
06:20

US Foods shares have 'credible path' to $60 within two years, says Wells Fargo

While momentum in US Foods shares has returned, the name still provides "compelling upside" and the stock has a "credible path" to nearly $60 within the next two years, Wells Fargo analyst Edward Kelly tells investors in a research note. The company's fundamental performance "clearly looks to be back on track," yet it does not seem to be getting full credit, contends the analyst. He raised his 12-month price target for US Foods to $54 from $45 and keeps an Outperform rating on the shares.

  • 25

    Sep

USFD US Foods
$38.03

-0.19 (-0.50%)

05/08/19
05/08/19
UPGRADE
Target $48

Buy
US Foods upgraded to Buy at Buckingham
As previously reported, Buckingham analyst Bob Summers upgraded US Foods to Buy from Neutral and raised his price target on the shares to $48 from $32 following the company's Q1 earnings report. The analyst continues to have a "very favorable" sector view as he believes that food away from home trends will continue and the industry fragmentation favors large, well-capitalized operators. Further, he thinks sustained recent improved execution should facilitate continued case volume strength with higher margin Independent as well as drive sequential accelerating in HC/Hospitality and Other segments, while sentiment should improve as fundamentals remains "strong" and execution reflects continued progress serving to close the valuation disparity versus peers.
05/08/19
05/08/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Mosaic (MOS) upgraded to Overweight from Neutral at JPMorgan with analyst Jeffrey Zekauskas stating that following the stock's underperformance on a one, three, five, and ten year period, Mosaic shares now offer a favorable risk/reward balance. 2. Qorvo (QRVO) upgraded to Buy from hold at Canaccord with analyst T. Michael Walkley saying he expects Qorvo to remain focused on developing integrated solutions to drive dollar content growth to grow faster than the slow growing smartphone market and anticipates improving growth trends as 5G ramps in F2021. 3. LendingClub (LC) upgraded to Outperform from Neutral at Wedbush with analyst Henry Coffey sayinh the company now operates with a more complex, more diversified source of loan buying/funding, a tighter focus around its primary credit niche, and a focus on operating efficiency that has it within eyesight of generating an adjusted EBITDA margin of 20% by the end of 2019. 4. US Foods (USFD) upgraded to Buy from Neutral at Buckingham with analyst Bob Summers continuing to have a "very favorable" sector view as he believes that food away from home trends will continue and the industry fragmentation favors large, well-capitalized operators. 5. Office Properties (OPI) upgraded to Hold from Underperform at Jefferies with analyst Jonathan Petersen noting the market now well understands the earnings dilution from the FPO acquisition. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/05/19
JPMS
06/05/19
NO CHANGE
JPMS
Overweight
JPMorgan prefers shares of US Foods over Sysco
JPMorgan analyst John Ivankoe says his conversations with the US Foods (USFD) investor relations team suggest the company's business is performing better than Sysco (SYY) and largely holding Q1 trends into Q2. Following the recent pullback in the shares, US Foods is the better name to own of the two, Ivankoe tells investors in a research note. The analyst keeps an Overweight rating on both names.
06/28/19
UBSW
06/28/19
NO CHANGE
Target $32
UBSW
Buy
Conagra shares pricing in execution and earnings risk, says UBS
UBS analyst Steven Strycula lowered his price target for Conagra Brands (CAG) to $32 from $35 following the company's "disappointing" Q4 results. Given the magnitude of the Q4 sales miss, investors do not find the company's fiscal 2020 guidance as conservative, Strycula tells investors in a post-earnings research note. However, with the stock now at a 20% price-to-earnings discount to US Foods (USFD), Conagra shares have priced in execution risk and potential downside to earnings guidance, contends the analyst. As such, Strycula keeps a Buy rating on Conagra Brands.

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HPQ

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NKE

Nike

$83.27

0.46 (0.56%)

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SYY

Sysco

$73.32

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VMW

VMware

$148.15

0.11 (0.07%)

, CBLK

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BRKS

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HAS

Hasbro

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