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Performance Food Group price target raised to $100 from $95 at BMO Capital

Performance Food Group price target raised to $100 from $95 at BMO Capital

BMO Capital raised the firm’s price target on Performance Food Group (PFGC) to $100 from $95 and keeps an Outperform rating on the shares as part of a broader research note previewing 2025 in Food Retail. The firm is positive on the company’s ability to continue gaining market share with its key independent customer base supporting an outlook for margin expansion and EBITDA growth, which is further supported by M&A, the analyst tells investors in a research note.

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