Barclays analyst Jeffrey Bernstein raised the firm’s price target on Performance Food Group (PFGC) to $112 from $100 and keeps an Overweight rating on the shares following the investor day. The firm remains impressed with Performance Food’s ability to meet or more often exceed guidance, while expanding its industry market share.
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Read More on PFGC:
- Performance Food Group: Strong Growth Potential and Strategic Initiatives Highlight Investment Appeal
- Performance Food Group Unveils $500M Share Repurchase Plan
- Performance Food Group: Steady Growth Amid Challenges Justifies Hold Rating
- Performance Food Group initiated with a Buy at Citi
- Performance Food Group price target raised to $105 from $100 at Guggenheim
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