Stephens & Co. Maintains Overweight on Sysco, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long has maintained an Overweight rating on Sysco (NYSE:SYY) and increased the price target from $80 to $90.
January 31, 2024 | 10:09 am
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POSITIVE IMPACT
Stephens & Co. analyst Joshua Long reaffirmed an Overweight rating on Sysco and raised the price target to $90, indicating a positive outlook on the stock.
The increase in price target by Stephens & Co. reflects a bullish sentiment on Sysco's stock, suggesting that the analyst sees potential for the stock to rise to the new target of $90. This can positively influence investor perception and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100