Information Provided By:
Fly News Breaks for February 16, 2017
PFGC
Feb 16, 2017 | 07:49 EDT
Credit Suisse analyst Edward Kelly says Performance Food Group relative underperformance creates "compelling opportunity." While earnings declined in the last two quarters, primarily reflecting new business transition costs and above-average corporate expenses, the analyst believes these issues now appear to be resolved and the company looks poised for an above-average period of growth as underlying momentum returns and new business begins to contribute. He reiterated an Outperform rating on the stock and raised his price target on the shares to $29 from $27.
News For PFGC From the Last 2 Days
There are no results for your query PFGC