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SYY

Sysco

$72.72

4.31 (6.30%)

06:32
08/14/18
08/14
06:32
08/14/18
06:32

Sysco price target raised to $80 from $70 at Loop Capital

Loop Capital analyst Andrew Wolf raised his price target on Systo $80 and kept his Buy rating after its Q4 results showed "solid momentum", adding that its growth target look "very achievable". The analyst cites a U.S. total case growth of 5.3% and also estimates the "real internal sales growth" at 3.9% - the best rate of growth in "nearly 8 years". Wolf believes that Sysco's momentum is sustainable in the intermediate term as the company offers "reliable defensive growth and increasing returns on capital", which is "rare" in the large-cap staples group.

SYY Sysco
$72.72

4.31 (6.30%)

07/18/18
WELS
07/18/18
NO CHANGE
Target $80
WELS
Outperform
Sysco price target raised to $80 from $71 at Wells Fargo
Wells Fargo analyst Edward Kelly raised his price target for Sysco to $80 from $71, while reiterating an Outperform rating on the shares. While the analyst believes it looks to be nearing a fair valuation, he sees further upside potential as it compounds low double-digit earnings growth and sees modest multiple expansion closer to its recent peak. Kelly expects the combination of strong fundamental performance, potential for earnings upside, a high-quality balance sheet, and attractive dividend to cement its place as a blue-chip investment idea in consumer.
07/18/18
WELS
07/18/18
NO CHANGE
Target $48
WELS
Outperform
US Foods price target raised to $48 from $42 at Wells Fargo
Wells Fargo analyst Edward Kelly raised his price target for US Foods (USFD) to $48 from $42 as his confidence in potential upside to his already above-consensus numbers is growing. The analyst believes the stock remains compelling as the combination of accelerating top and bottom-line performance in the coming quarters, potential upside to the company's three-year goals, a large longer-term self-help angle associated with the margin gap to Sysco (SYY), outsized leverage to M&A, and a discount valuation could all yield material upside to the stock. Kelly reiterates an Outperform rating on US Foods rating.
08/10/18
PIVT
08/10/18
DOWNGRADE
Target $58
PIVT
Sell
Sysco downgraded to Sell from Hold at Pivotal Research
Pivotal Research analyst Ajay Jain downgraded Sysco to Sell from Hold ahead of the company's Q4 earnings report scheduled for Monday, as he believes the move up in the stock over the past three months is inconsistent with growing industry headwinds as well as Sysco's company-specific issues. Jain maintains a $58 price target on Sysco shares.
08/10/18
08/10/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Intel (INTC) downgraded to Sell from Neutral at Goldman Sachs with analyst Toshiya Hari saying Intel's struggles with 10nm process technology makes the analyst incrementally more negative on the company's competitive positioning and margin outlook. 2. Booking Holdings (BKNG) downgraded to Neutral from Buy at Citi and UBS as well as Neutral from Overweight at JPMorgan. 3. Sysco (SYY) downgraded to Sell from Hold at Pivotal Research with analyst Ajay Jain saying he believes the move up in the stock over the past three months is inconsistent with growing industry headwinds as well as Sysco's company-specific issues. 4. Campbell Soup (CPB) downgraded to Underweight from Neutral at JPMorgan with analyst Ken Goldman saying he agrees with activist Third Point that Campbell's best option is to sell the company; however, he sees a sale as an unlikely outcome. 5. Redfin (RDFN) downgraded to Neutral from Buy at DA Davidson with analyst Tom White citing its Q2 results and below-consensus Q3 guidance. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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UNM

Unum Group

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CIEN

Ciena

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TDC

Teradata

$38.02

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HESM

Hess Midstream Partners

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TOCA

Tocagen

$11.22

-1.63 (-12.68%)

19:05
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  • 13

    Dec

ALL

Allstate

$82.37

-0.12 (-0.15%)

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XOM

Exxon Mobil

$76.04

-0.64 (-0.83%)

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NDSN

Nordson

$111.83

1.09 (0.98%)

, JCS

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FIVE

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BABA

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TLRD

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LLNW

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OXM

Oxford Industries

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0.895 (1.21%)

AGTC

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VBIV

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HASI

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BVN

Buenaventura

$15.25

0.22 (1.46%)

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OXM

Oxford Industries

$74.88

0.895 (1.21%)

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OXM

Oxford Industries

$74.88

0.895 (1.21%)

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OXM

Oxford Industries

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NEXT

NextDecade

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UAL

United Continental

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AKAO

Achaogen

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FLR

Fluor

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FIVE

Five Below

$101.38

1.86 (1.87%)

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BTC

Bitcoin

$0.00

(0.00%)

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PK

Park Hotels & Resorts

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PK

Park Hotels & Resorts

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CNP

CenterPoint Energy

$28.90

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