Sysco price target raised to $85 from $82 at Guggenheim

Guggenheim analyst John Heinbockel raised the firm’s price target on Sysco (SYY) to $85 from $82 and keeps a Buy rating on the shares. Below-consensus, incentive comp-driven initial 2026 guidance “over-shadowed the healthy, broad-based 4Q beat,” the analyst tells investors in a post-earnings note. The modest 2026 profit reset will “probably postpone the share price recovery,” but the firm sees a favorable risk-reward profile, the analyst added.