Morgan Stanley Maintains Equal-Weight on Sysco, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Sysco (NYSE:SYY) but lowers the price target from $82 to $81.
July 16, 2024 | 4:32 pm
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Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Sysco but lowers the price target from $82 to $81.
The maintenance of the Equal-Weight rating suggests a neutral stance, while the slight reduction in the price target indicates a minor negative adjustment in expectations. This is likely to have a neutral short-term impact on Sysco's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100