JP Morgan Maintains Overweight on Sysco, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains an Overweight rating on Sysco (NYSE:SYY) and raises the price target from $85 to $88.
September 16, 2024 | 3:26 pm
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JP Morgan has reaffirmed its Overweight rating on Sysco and increased the price target from $85 to $88, indicating a positive outlook on the stock.
The increase in price target from $85 to $88 by JP Morgan suggests a positive outlook for Sysco, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100