tiprankstipranks
Performance Food Group price target raised to $107 from $102 at Jefferies
The Fly

Performance Food Group price target raised to $107 from $102 at Jefferies

Jefferies raised the firm’s price target on Performance Food Group (PFGC) to $107 from $102 and keeps a Buy rating on the shares. The firm views 2025 as “poised to be a largely normal year for Restaurants,” with a competitive landscape in value proposition, fighting for traffic share in a cautious consumer environment and “perhaps more separation” between relative winners and losers, the analyst tells investors in a Restaurants and Foodservice Distribution outlook note. In Restaurants, the analyst’s top pick is McDonald’s (MCD) and in Foodservice Distribution the firm’s top pick is Performance Food, the analyst noted.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App