Sysco Reports Second Quarter Earnings

Sysco (SYY) PT Raised to $48 at RBC

RBC Capital Markets analyst William Kirk reiterates Sector Perform rating and raises price target on Sysco Corporation (NYSE: SYY) to $48 (from $47), suggesting the companys superior profitability to industry comps could eventually pressure volume. The analyst also notes tough comparisons and seasonality challenges in... More

Guggenheim Maintains Neutral Rating on Sysco (SYY) Following Results

Guggenheim analyst John Heinbockel reiterates Neutral rating on Sysco (NYSE: SYY), seeing continued weakness due to cautious near-term commentary from the company.

Heinbockel notes, "SYY shares fell 2.5% yesterday (vs. the S&P 500's 0.2% decline), despite both a 2Q EPS beat and raised EBIT... More

JPMorgan Upgrades Sysco (SYY) to Overweight

JPMorgan upgraded Sysco (NYSE: SYY) from Neutral to Overweight with a price target of $57.00.

For an analyst ratings summary and ratings history on Sysco click here. For more ratings news on Sysco click here.

Shares of Sysco closed at $51.20 yesterday.

BMO Reiterates Market Perform Rating on Sysco (SYY) Following Results

BMO Capital Markets analyst Kelly Bania reiterates Market Perform rating and $56.00 price target on Sysco (NYSE: SYY) citing another strong earnings quarter, while increasing the company's 3-year outlook.

Bania comments, "Sysco reported another strong quarter of earnings (operating income +28% including Brakes and +13%... More

Credit Suisse Upgrades Sysco (SYY) to Outperform; Sell-Off Creates Buying Chance

Credit Suisse upgraded Sysco (NYSE: SYY) from Neutral to Outperform with a price target of $59.00 (from $55.00), saying today's sell-off creates an opportunity to buy the blue-chip consumer name.

Analyst Ed Kelly commented, "SYY's stock is well off its high, despite generally strong earnings... More

Sysco Corp. (SYY) Reports Q2 EPS of 58c

Sysco Corp. (NYSE: SYY) reported Q2 EPS of $0.58, may not compare to the analyst estimate of $0.54. Revenue for the quarter came in at $13.5 billion versus the consensus estimate of $13.54 billion.

For earnings history and earnings-related data on Sysco Corp. (SYY) click here.