Sysco price target raised to $82 from $77 at Barclays

Barclays analyst Jeffrey Bernstein raised the firm’s price target on Sysco (SYY) to $82 from $77 and keeps an Overweight rating on the shares following the fiscal Q4 report. The company’s U.S. local case growth and earnings beat estimates, which is a reversal from the prior year-to-date trend, the analyst tells investors in a research note.