JP Morgan Maintains Overweight on Sysco, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains an Overweight rating on Sysco (NYSE:SYY) but lowers the price target from $87 to $85.
May 23, 2024 | 12:47 pm
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JP Morgan analyst John Ivankoe maintains an Overweight rating on Sysco but lowers the price target from $87 to $85.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on Sysco's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100