Barclays raised the firm’s price target on Performance Food Group to $76 from $74 and keeps an Overweight rating on the shares. The company’s fiscal Q4 independent case growth and adjusted EBITDA were both above consensus, the analyst tells investors in a research note.
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Read More on PFGC:
- Performance Food backs 3-year revenue view $62-$64B, adj. EBITDA $1.5B -$1.7B
- Performance Food Group sees FY24 revenue $59B-$60B, consensus $59.97
- Performance Food Group sees Q1 revenue $14.7B-$15.0B, consensus $15.22B
- Performance Food Group reports Q4 EPS $1.14, consensus $1.14
- Notable companies reporting before tomorrow’s open
