Performance Food Group price target raised to $95 from $87 at BMO Capital

BMO Capital raised the firm’s price target on Performance Food Group (PFGC) to $95 from $87 and keeps an Outperform rating on the shares. The company’s Q1 results were solid on an organic basis, led by continued outperformance and market share gains with its key independent restaurant customer, where strength accelerated into October, the analyst tells investors in a research note.