UPDATE: Credit Suisse Starts Sysco (SYY) at Outperform, 'Another Compelling Three-Year Plan'

(Updated - April 18, 2018 4:15 AM EDT)

(updated to add analyst comment)

Credit Suisse initiates coverage on Sysco (NYSE: SYY) with a Outperform rating and a price target of $68.00.

Analyst Judah Frommer says the company is an industry-leading bellwether with resources that dwarf the competition. The analyst expects those benefits will assist in continuing growth with the most profitable customers.

For an analyst ratings summary and ratings history on Sysco click here. For more ratings news on Sysco click here.

Shares of Sysco closed at $61.26 yesterday.

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