BMO Capital Maintains Outperform on Sysco, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kelly Bania has maintained an Outperform rating on Sysco (NYSE:SYY) and increased the price target from $85 to $90, indicating a positive outlook on the company's stock.
January 31, 2024 | 5:15 pm
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POSITIVE IMPACT
BMO Capital analyst Kelly Bania reaffirms Sysco's Outperform rating and raises the price target to $90, suggesting confidence in the company's future performance.
The increase in price target by BMO Capital reflects a positive assessment of Sysco's market position and growth prospects. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100