- The shares of Sysco (NYSE: SYY) have received a $102 price target from CFRA. These are the details.
The shares of Sysco (NYSE: SYY) have received a $102 price target from CFRA. And CFRA analyst Paul Silverstein increased the price target on Sysco from $97 while maintaining a “Strong Buy” rating on the shares.
Silverstein adjusted the rating following the company’s third-quarter results. Sysco had reported a Q3 EPS of $0.71, which was $0.16 better than analyst estimates of $0.55. And the revenue for the quarter was $16.9 billion compared to the consensus estimate of $15.91 billion.
In terms of guidance, Sysco expects an FY 2022 EPS of $3.16-$3.26, compared to the consensus of $3.08.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.