Sysco price target lowered to $90 from $91 at UBS

UBS lowered the firm’s price target on Sysco (SYY) to $90 from $91 and keeps a Buy rating on the shares. Sysco showed signs of progress in Q4, even though its share price pulled back following the print print, and UBS believes the “underwhelming” top and bottom line guidance can largely be explained by one-time issues, the analyst tells investors in a research note. The stock is attractive on the pullback.