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Sysco

Analyst ratings are quantitative and qualitative analysis of a stock by Wall Street stock rating analysts. Stock ratings consist of expected future growth, current stock valuation and macroeconomic trends.

Kendall Toscano's

<ul>
	<li>BofA&nbsp;analysts Robert Ohmes and Kendall Toscano upgraded&nbsp;Kroger Co&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/quote/KR/analyst-ratings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">to Buy from Neutral&nbsp;</a>with a price target of $75, up from $61, implying a 22% upside.</li>
	<li>The analysts noted that elevated food inflation should continue for at least the next six months.&nbsp;</li>
	<li>The analysts added that the price increases are passed on to the U.S. consumers, given a 6% year-over-year rise in hourly earnings.</li>
	<li>They think that the broad-based inflation could drive consumers to retailers, seeking more variety as consumption shifts towards value.</li>
	<li>Ohmes and Toscano believe the compounding inflation levels will result in a significant EPS upside for the retailer.</li>
	<li>Price Action:&nbsp;KR shares are trading higher by 2.99% at $61.67 on the last check Friday.</li>
</ul>

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		Buy Now							Get Alert
07/18/2024	SYY	Buy Now	Sysco	$75.30	15.54%	$91 → $87	Maintains	Buy	Get Alert
03/09/2023	SYY	Buy Now	Sysco	$75.30	19.52%	→ $90	Reinstates	→ Buy	Get Alert

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