Piper Sandler Lifts Sysco Price Target to $83 After Q2 Strength; Rating Remains Neutral
Piper Sandler raised its one-year price target for Sysco to $83 from $80 after the company reported fiscal Q2 2026 results that included a return to positive U.S. Local case growth. The firm kept a Neutral rating. Sysco posted modest case growth, slightly beat revenue and EPS forecasts for the quarter, and signaled guidance toward the top of its fi…