Sysco price target raised to $90 from $81 at Truist

Truist analyst Jake Bartlett raised the firm’s price target on Sysco (SYY) to $90 from $81 and keeps a Buy rating on the shares. The company’s lower than expected FY26 guidance is “somewhat conservative”, and the firm is encouraged that Sysco’s sales force changes inflected to a tailwind in June from a headwind since July of 2024, the analyst tells investors in a research note. After a challenging year, Sysco is a “show me” story, and it is starting to deliver, Truist added.