B of A Securities Maintains Buy on Sysco, Lowers Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Kendall Toscano maintains a Buy rating on Sysco (NYSE:SYY) but lowers the price target from $91 to $87.
July 18, 2024 | 9:11 am
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B of A Securities analyst Kendall Toscano maintains a Buy rating on Sysco but lowers the price target from $91 to $87.
The Buy rating suggests continued confidence in Sysco's performance, but the lowered price target indicates some caution regarding its short-term potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100