BMO Capital Raises Price Target on Sysco Corp. (SYY) Following 3Q EPS Beat
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May 3, 2016 1:06 PM EDT
Pivotal 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
May 2, 2016 2:20 PM EDT
52-Week High:Sysco Corp. (NYSE: SYY) $48.40. Sysco Corp. gaining today after it reported Q3 EPS of $0.46, which was $0.04 better than the analyst estimate of $0.42. Revenue for the quarter came in at $12 billion versus the consensus estimate of... More
May 2, 2016 8:06 AM EDT
Sysco Corp. (NYSE: SYY) reported Q3 EPS of $0.46, $0.04 better than the analyst estimate of $0.42. Revenue for the quarter came in at $12 billion versus the consensus estimate of $11.87 billion.
Our third quarter financial results were strong as we remained focused on servicing the needs of our customers and made steady progress toward our... More
