Piper Sandler assumed coverage of Performance Food Group with an Overweight rating and $72 price target, citing the quality of their management, the company’s track record of execution, and their focus on Convenience Distribution which provides the stock a runway.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PFGC:
- Performance Food Group price target raised to $70 from $66 at Barclays
- Performance Food Group backs FY24 revenue view $59B-$60B, consensus $59.43B
- Performance Food Group sees Q2 revenue $14B-$14.3B, consensus $14.4B
- Performance Food Group reports Q1 EPS $1.15, consensus $1.09
- Notable companies reporting before tomorrow’s open