Wells Fargo lowered the firm’s price target on Sysco (SYY) to $80 from $87 and keeps an Overweight rating on the shares. The firm notes the company’s Q3 update missed a low bar. The backdrop softened, but Sysco’s operational issues remain a key drag, Wells adds. Uncertainty is high, but the opportunity for an internal turnaround, building pressure on management, the model’s resiliency, and valuation keep the firm bullish.
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Read More on SYY:
- Sysco price target lowered to $74 from $78 at Piper Sandler
- Sysco’s Potential for Turnaround: Buy Rating Amid Operational Challenges and Market Resilience
- Sysco price target lowered to $77 from $87 at Barclays
- Sysco Corporation Reports Q3 2025 Financial Results
- Sysco’s Earnings Call: Balancing Challenges and Optimism
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