This marks the fourth consecutive day of gains for Sysco, continuing a rally that began after positive analyst coverage earlier in the week. The earnings beat and forward guidance appear to be driving sustained buying interest, with the stock now trading roughly 8% below the $86 consensus price target. Barclays raised its target to $88 while maintaining an Overweight rating, expressing optimism for foodservice distribution despite restaurant industry headwinds.
This is a permanent link to this specific analysis (ID: 2437)
Back to Dashboard