Sysco Corp. (SYY) Tops Q3 EPS by 4c
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Pivotal Research Upgrades Sysco (SYY) to Hold
May 3, 2016 1:06 PM EDTPivotal Research upgraded Sysco (NYSE: SYY) from Sell to Hold with a price target of $45.00 (from $34.00). Analyst Ajay Jain is more constructive on the financial impact of technology conversion.
"After accounting for improving top-line fundamentals and the longer-term margin benefits from the ongoing... More
BMO Capital Raises Price Target on Sysco Corp. (SYY) Following 3Q EPS Beat
May 3, 2016 8:05 AM EDTBMO Capital reiterated a Market Perform rating on Sysco Corp. (NYSE: SYY), and raised the price target to $52.00 (from $44.00), following the company's 3Q earnings report. Sysco reported adjusted EPS of $0.46, coming in ahead of consensus estimates of $0.42.
Analyst Kelly Bania commented, "While Sysco management... More
