Barclays analyst Jeffrey Bernstein lowered the firm’s price target on Performance Food Group (PFGC) to $102 from $103 and keeps an Overweight rating on the shares. The company’s fiscal Q2 had strong case volume upside, leading to EBITDA upside, the analyst tells investors in a research note. However, the firm says Performance’s sales into Q3 are “choppy” due to weather.
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