Sysco Issues Statement on Trian Partners Announcement

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. BRZE
2. SPY
3. AMZN
4. NFLX
5. SPCX
6. RAPP
7. META
8. ZION
9. IRON
10. NVDA

Go back to Sysco Issues Statement on Trian Partners Announcement

Jefferies Raises Price Target on Sysco Corp. (SYY) to $45 As Trian Takes 7% Stake

August 17, 2015 11:51 AM EDT

Jefferies reiterated a Hold rating on Sysco (NYSE: SYY), and raised the price target to $45.00 (from $39.00), as Trian announces 7% stake in SYY. Trian is pushing for a board seat, improvements in profitability, increased debt leverage for share buyback and better management incentives. The 7% stake... More