Sysco Price Target Slashed to $95 by JPMorgan Chase & Co.

Sysco Corporation (NYSE:SYY) has seen its price target adjusted by analysts at JPMorgan Chase & Co. The brokerage firm has lowered its target price from $100 to $95, suggesting a potential upside of 20.86% from the stock's current price.

This new target is in line with other analyst estimates, as Citigroup and Morgan Stanley have also increased their target prices for Sysco in recent reports. In fact, UBS Group upped its target price on shares of Sysco to $95, giving the stock a 'buy' rating.

Despite these positive predictions, not all analysts are optimistic about Sysco's future. Melius Research cut shares of Sysco from a 'hold' rating to a 'sell' rating in a recent research note.