Sysco Corp. (SYY) Reports Q2 EPS of 58c
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Sysco (SYY) PT Raised to $48 at RBC
February 7, 2017 7:52 AM ESTRBC Capital Markets analyst William Kirk reiterates Sector Perform rating and raises price target on Sysco Corporation (NYSE: SYY) to $48 (from $47), suggesting the companys superior profitability to industry comps could eventually pressure volume. The analyst also notes tough comparisons and seasonality challenges in... More
Guggenheim Maintains Neutral Rating on Sysco (SYY) Following Results
February 7, 2017 6:23 AM ESTGuggenheim analyst John Heinbockel reiterates Neutral rating on Sysco (NYSE: SYY), seeing continued weakness due to cautious near-term commentary from the company.
Heinbockel notes, "SYY shares fell 2.5% yesterday (vs. the S&P 500's 0.2% decline), despite both a 2Q EPS beat and raised EBIT... More
JPMorgan Upgrades Sysco (SYY) to Overweight
February 7, 2017 6:20 AM ESTJPMorgan upgraded Sysco (NYSE: SYY) from Neutral to Overweight with a price target of $57.00.
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 $51.20 yesterday.
... MoreBMO Reiterates Market Perform Rating on Sysco (SYY) Following Results
February 7, 2017 6:18 AM ESTBMO Capital Markets analyst Kelly Bania reiterates Market Perform rating and $56.00 price target on Sysco (NYSE: SYY) citing another strong earnings quarter, while increasing the company's 3-year outlook.
Bania comments, "Sysco reported another strong quarter of earnings (operating income +28% including Brakes and +13%... More
Credit Suisse Upgrades Sysco (SYY) to Outperform; Sell-Off Creates Buying Chance
February 6, 2017 3:31 PM ESTCredit Suisse upgraded Sysco (NYSE: SYY) from Neutral to Outperform with a price target of $59.00 (from $55.00), saying today's sell-off creates an opportunity to buy the blue-chip consumer name.
Analyst Ed Kelly commented, "SYY's stock is well off its high, despite generally strong earnings... More
