Barclays Maintains Overweight on Sysco, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Overweight rating on Sysco (NYSE:SYY) and increased the price target from $85 to $90.
January 31, 2024 | 11:11 am
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Barclays has reaffirmed Sysco's Overweight rating and raised the price target from $85 to $90, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Jeffrey Bernstein suggests a bullish outlook on Sysco, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100