Sysco Corp. (SYY) Reports In-Line Q2 EPS; Plans Asset Divestiture in U.S. Foods Merger
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Deutsche Bank Upgrades Sysco (SYY) to Buy
February 3, 2015 7:27 AM ESTDeutsche Bank upgraded Sysco (NYSE: SYY) from Hold to Buy with a price target of $50. Analyst Karen Short pointed to attractive risk/reward.
"We are upgrading Sysco (SYY) to Buy from Hold based on the favorable risk/reward at the current level.... More
Sysco, U.S. Foods Merger Remains Uncertain as FTC Bears Down (SYY)
January 29, 2015 11:21 AM ESTSysco (NYSE: SYY) is lower Thursday following speculation that it's planned merger with U.S. Foods might not pass regulatory muster.
The NY Post noted late Wednesday that the Federal Trade Commission (FTC) has sent a subpoena to a third-party food distributor... More
