A Bullish Sign Appears On Sysco’s Chart
If history is any guide, there may be good fortune ahead for shares of Sysco (NYSE:SYY). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
Sysco Clocks 41% Sales Growth In Q2; Bottom-Line Lags Consensus
Sysco Corp (NYSE:SYY) reported second-quarter FY22 sales growth of 41.2% year-on-year, to $16.32 billion, beating the analyst consensus of $16.10 billion.…
Earnings Scheduled For February 8, 2022
Companies Reporting Before The Bell
• Pfizer (NYSE:PFE) is likely to report quarterly earnings at $0.87 per share on revenue of $24.20 billion.
Where Sysco Stands With Analysts
Within the last quarter, Sysco (NYSE:SYY) has observed the following analyst ratings:
(SYY) – Analyzing Sysco Corporation’s Short Interest
Sysco Corporation's (NYSE:SYY) short percent of float has fallen 5.17% since last its last report. The company recently reported that it has 8.41 million shares sold short, which is 1.65% of all regular shares that are available for trading.
JP Morgan Maintains Neutral on Sysco, Lowers Price Target to $88
JP Morgan analyst John Ivankoe maintains Sysco (NYSE:SYY) with a Neutral and lowers the price target from $90 to $88.
Barclays Sees 17% Upside In Sysco
Barclays analyst Jeffrey Bernstein upgraded Sysco Corp (NYSE: SYY) to Overweight from Equal Weight with a price target of $86, up from $80, implying a 17% upside.
Barclays Upgrades Sysco to Overweight, Raises Price Target to $86
Barclays analyst Jeffrey Bernstein upgrades Sysco (NYSE:SYY) from Equal-Weight to Overweight and raises the price target from $80 to $86.
Mid-Afternoon Market Update: Crude Oil Rises Over 2%; Tactile Systems Technology Shares Plummet
Toward the end of trading Tuesday, the Dow traded down 0.66% to 36,192.03 while the NASDAQ fell 0.90% to 15,838.46. The S&P also fell, dropping 0.65% to 4,671.36.
Sysco Posts Mixed Q1 Results, Backs FY22 Outlook
Sysco Corp (NYSE:SYY) reported first-quarter FY22 sales growth of 40% year-on-year and 8% against Q1 FY19, to $16.5 billion, beating the…