US Foods price target raised to $71 from $66 at Jefferies

Jefferies raised the firm’s price target on US Foods to $71 from $66 and keeps a Buy rating on the shares. The firm’s analysis of the latest industry data as well as Technomic’s annual data shows notable share gains for the public foodservice distribution players, which it thinks will continue and drive topline tailwinds in 2025-27 that “appear underappreciated” in consensus estimates and valuations, the analyst tells investors.