UBS Maintains Buy on Sysco, Lowers Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Mark Carden maintains a Buy rating on Sysco (NYSE:SYY) but lowers the price target from $92 to $87.

May 01, 2024 | 5:37 pm
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UBS maintains a Buy rating on Sysco but lowers the price target from $92 to $87.
The reduction in price target by UBS could have a mixed impact on Sysco's stock. While maintaining a Buy rating indicates a positive outlook on the company, the lowered price target might cause some investors to adjust their expectations for the stock's future performance downwards. However, the overall recommendation remains positive, suggesting that any negative impact might be limited.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100