BofA/Merrill Lynch Downgrades Sysco (SYY) to Neutral

January 16, 2019 6:13 AM EST
Get Alerts SYY Hot Sheet
Price: $72.56 -0.85%

Rating Summary:
    10 Buy, 14 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 22 | Down: 13 | New: 29
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BofA/Merrill Lynch analyst Marisa Sullivan downgraded Sysco (NYSE: SYY) from Buy to Neutral with a price target of $68.00 (from $75.00).

The analyst cites a balanced risk/reward for stepping to the sidelines.

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 $62.72 yesterday.

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