Citi Retains a Neutral Rating on Sysco Corporation (SYY) [Yahoo! Finance]
Sysco Corporation (SYY)
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Source: Yahoo! Finance
According to TheFly, on January 7, 2026, Citi reduced its price target for Sysco Corporation (NYSE:SYY) from $82 to $81. It kept a neutral rating on the stock. The revision was part of Citi's overall 2026 projection upgrade for the food distributors category. Citi claimed that distributors have a stronger position than restaurants. Meanwhile, Barclays confirmed its Overweight rating and increased its price objective for Sysco Corporation (NYSE:SYY) from $86 to $88 on the same day. The change was made in response to Barclays' 2026 restaurant group outlook. The company stated that the industry is still experiencing sales difficulties. Barclays forecasts that fast-casual and casual dining styles will lose market share to quick-service restaurants. The firm stated that despite persistent industry challenges, it is still optimistic about foodservice distribution. The stock is up by 1.11% YTD as of January 9, 2026. The company reaffirms that it anticipates sales to increase by 3% to
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News
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- Sysco (NYSE:SYY) had its price target lowered by analysts at Citigroup Inc. from $82.00 to $81.00. They now have a "neutral" rating on the stock.MarketBeat
SYY
Earnings
- 10/28/25 - Beat
SYY
Sec Filings
- 1/9/26 - Form 3
- 12/31/25 - Form 4
- 12/31/25 - Form 4
- SYY's page on the SEC website