Wells Fargo analyst Edward Kelly lowered the firm’s price target on Sysco to $87 from $95 given his diminishing confidence in fiscal 2023 earnings guidance with the companies cost issues and the recent CFO departure. The analyst keeps an Overweight rating on the shares.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SYY:
- Guest Supply, Innvision Hospitality partner for interior design services
- Guest Supply® and Innvision Hospitality® Form Strategic Alliance To Scale Interior Design Services Across US
- Cardinal Health announces Aaron Alt as chief financial officer
- Sysco announces CFO Alt to step down, Russell appointed as interim CFO
- Covetrus Sysco appoints Ajoy Karna as CFO
