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Sysco price target lowered to $81 from $92 at BofA

BofA analyst Sara Senatore lowered the firm’s price target on Sysco (SYY) to $81 from $92 and keeps a Buy rating on the shares. The firm is fine-tuning estimates for over 20 companies across its restaurants and related coverage and also adjusting price targets to reflect estimate and market multiple changes as part of its calendar Q1 preview for the group.

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