JP Morgan Maintains Overweight on Sysco, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe has maintained an Overweight rating on Sysco (NYSE:SYY) and increased the price target from $84 to $87.
March 19, 2024 | 11:32 am
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JP Morgan has maintained an Overweight rating on Sysco and raised the price target from $84 to $87.
The increase in price target by a reputable analyst like John Ivankoe from JP Morgan is a strong positive signal for Sysco. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100