Sysco Corp. (SYY) Tops Q3 EPS by 16c, Offers Guidance

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Sysco (SYY) PT Raised to $98 at Jefferies

May 11, 2022 8:24 AM EDT

Jefferies analyst Chris Mandeville raised the price target on Sysco (NYSE: SYY) to $98.00 (from $94.00) while maintaining a Buy rating.

The analyst commented, "Sizable F3Q beat, as foodservice demand powered back in late Feb/Mar (& continues thru Apr) w/ SYY relative share... More