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Sysco price target raised to $93 from $81 at BofA

BofA analyst Sara Senatore raised the firm’s price target on Sysco (SYY) to $93 from $81 and keeps a Buy rating on the shares. The firm is fine-tuning estimates for 20-plus companies across its restaurant and food distributor coverage and also adjusting selected price targets to reflect estimate and market multiple changes ahead of earnings from the group.

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