Barclays analyst Jeffrey Bernstein raised the firm’s price target on Performance Food Group to $70 from $66 and keeps an Overweight rating on the shares. The company’s fiscal Q1 was in-line on the top line while above on the bottom, the analyst tells investors in a research note.
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- 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
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