Truist Securities Maintains Buy on Sysco, Lowers Price Target to $87
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Jake Bartlett has maintained a 'Buy' rating on Sysco (NYSE:SYY) but lowered the price target from $88 to $87.

August 04, 2023 | 11:44 am
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Sysco's price target has been lowered from $88 to $87 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100