Barclays raised the firm’s price target on Performance Food Group (PFGC) to $100 from $95 and keeps an Overweight rating on the shares. The company’s fiscal Q3 fell short of expectations, but sales trends improved in March and further into Q4, the analyst tells investors in a research note.
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Read More on PFGC:
- Performance Food Group Reports Strong Sales Growth Amid Challenges
- Performance Food Group Co. Earnings Call Highlights Mixed Sentiment
- Performance Food Group reports Q3 adjusted EPS 79c, consensus 87c
- Performance Food Group narrows FY25 revenue view to $63B-$63.5B from $63B-$64B
- Is PFGC a Buy, Before Earnings?