Guggenheim analyst John Heinbockel lowered the firm’s price target on Sysco (SYY) to $82 from $85 and keeps a Buy rating on the shares. The company’s Q3 “miss and guide-down,” while expected, “meaningfully exceeded” buy- and sell-side expectations, the analyst tells investors. Following the report, the firm lowered its 2025 and 2026 EPS estimates 5% to $4.39 and $4.68, respectively, the analyst noted.
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Read More on SYY:
- Sysco price target lowered to $80 from $87 at Wells Fargo
- 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
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