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UPDATE: Morgan Stanley Reiterates On Sysco Corporation Following Management Meetings

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In a report published Monday, Morgan Stanley analyst Vincent J. Sinisi reiterated an Equal-Weight rating on Sysco Corporation (NYSE: SYY), but removed the $40.00 price target.

In the report, Morgan Stanley noted, “Following a recent WSJ article that highlighted challenges facing the proposed US Foods merger, management meetings leave us reassured that the pending transaction is progressing in-line with Sysco's plans.”

Sysco Corporation closed on Friday at $37.53.

Latest Ratings for SYY

DateFirmActionFromTo
Aug 2019MaintainsOverweight
Aug 2019MaintainsOutperform
Aug 2019MaintainsEqual-Weight

View More Analyst Ratings for SYY
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Vincent J. SinisiAnalyst Color Price Target Analyst Ratings

 

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