On May 16, 2018 US Foods (USFD) Was Upgraded To “Overweight” From “Equal-Weight” By Morgan Stanley.

May 16, 2018 - By Rachel Eickhoff

Morgan Stanley Upped US Foods (USFD)’s Stock Rating to “Overweight”.

US Foods (USFD)‘s rating change was issued by Professional analysts at Morgan Stanley. On Tuesday, 15 May they have upped USFD’s rating to “Overweight” from “Equal-Weight”.

US Foods Holding Corp. (NYSE:USFD) Ratings Coverage

A total of 11 analysts rate US Foods Holding (USFD) as follows: 7 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 64% are bullish. (USFD) has 16 ratings reports on May 16, 2018 according to StockzIntelligence. On Monday, March 19 the company was upgraded by BMO Capital Markets. In Friday, March 16 report Bank of America maintained it with “Buy” rating and $40 target. In Sunday, January 28 report Guggenheim maintained the stock with “Buy” rating. On Thursday, February 15 the firm has “Hold” rating given by BMO Capital Markets. The company rating was maintained by BMO Capital Markets on Tuesday, January 23. On Tuesday, January 16 Barclays Capital downgraded the shares of USFD in report to “Equal-Weight” rating. On Tuesday, May 1 the rating was downgraded by RBC Capital Markets to “Sector Perform”. On Friday, February 2 the firm has “Buy” rating by RBC Capital Markets given. On Tuesday, May 15 the stock of US Foods Holding Corp. (NYSE:USFD) earned “Overweight” rating by Morgan Stanley. On Friday, February 16 the firm has “Equal-Weight” rating by Morgan Stanley given.

USFD touched $35.03 during the last trading session after $0.07 change.Currently US Foods Holding Corp. is uptrending after 21.63% change in last May 16, 2017. USFD has 400,352 shares volume. USFD outperformed by 10.08% the S&P500.

On August, 8 US Foods Holding Corp. (NYSE:USFD)’s earnings release is awaited by WallStreet, as reported by Faxor. Analysts forecast 58.33 % diference or $0.57 from the $0.36 EPS from 2017. If the current EPS of $0.57 is accurate, USFD’s profit could reach $123.11M. 83.87 % EPS growth is what analysts predict. $0.31 EPS was reported for previous quarter.

US Foods Holding Corp., through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice clients in the United States.The company has $7.57 billion market cap. The Company’s clients include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.The P/E ratio is 17.78. The firm was formerly known as USF Holding Corp. and changed its name to US Foods Holding Corp. in February 2016.

More recent US Foods Holding Corp. (NYSE:USFD) news were brought out by Benzinga.com, Seekingalpha.com and Benzinga.com. The first one has “Why Morgan Stanley Is Bullish On US Foods” as a title and was brought out on May 15, 2018. The next is “US Foods Holding’s (USFD) CEO Pietro Satriano on Q1 2018 Results – Earnings Call Transcript” on May 13, 2018. And last was brought out on May 15, 2018, called “Benzinga’s Top Upgrades, Downgrades For May 15, 2018”.

US Foods Holding Corp. (NYSE:USFD) Analyst Ratings Chart

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