Piper Sandler analyst Brian Mullan lowered the firm’s price target on Sysco (SYY) to $74 from $78 and keeps a Neutral rating on the shares following quarterly results and updated 2025 guidance. Relative to consensus, the quarter was a “miss” from both a top-line and bottom-line perspective, the firm notes, adding that in conjunction with the release, Sysco lowered certain elements of its full year guidance. That said, Piper thinks investor expectations were relatively muted here.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
Read More on SYY:
- Sysco’s Potential for Turnaround: Buy Rating Amid Operational Challenges and Market Resilience
- Sysco price target lowered to $77 from $87 at Barclays
- Sysco Corporation Reports Q3 2025 Financial Results
- Sysco’s Earnings Call: Balancing Challenges and Optimism
- Sysco says ‘confident’ company can grow customer count in FY26