Sysco Issues Statement on Trian Partners Announcement
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/7/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Jefferies Raises Price Target on Sysco Corp. (SYY) to $45 As Trian Takes 7% Stake
August 17, 2015 11:51 AM UTCJefferies 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
Sysco Corp. (SYY) Responds to Trian, Says it Welcomes Collaborative Discussions
August 14, 2015 1:39 PM UTCSysco Corporation (NYSE: SYY) today issued the following statement regarding an SEC filing by Trian Partners:
"Sysco welcomes collaborative discussions with investors who share our interest in creating value by marketing and delivering great products to our customers with exceptional service. We... More
