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.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFGC:
- US Foods a Buy at Melius Research as firm rolls out food distributor coverage
- Performance Food Group initiated with a Hold at Melius Research
- Brinker price target raised to $118 from $100 at Jefferies
- Performance Food Group price target raised to $107 from $102 at Jefferies
- Performance Food Group Announces Leadership Changes for 2025