Morgan Stanley Reiterates Equal-Weight on Sysco, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on Sysco (NYSE:SYY) and lowered the price target from $81 to $79.

June 20, 2023 | 1:38 pm
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Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on Sysco and lowered the price target from $81 to $79.
The news directly mentions Sysco (SYY) and the lowered price target by Morgan Stanley. However, the Equal-Weight rating remains unchanged, indicating that the analyst still sees the stock as fairly valued. This may not have a significant short-term impact on the stock price, but investors should monitor the stock for any changes in market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100