Bernstein analyst Danilo Gargiulo initiated coverage of Performance Food Group (PFGC) with an Outperform rating and $130 price target The firm expects the company to grow independent cases faster than peers, supported by a salesforce that is focused on winning market share. This should drive EBITDA growth of 15% in the near- to medium-term, and allow Performance Food to grow into its multiple, the analyst tells investors in a research note.
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