Performance Food Group resumed with an Equal Weight at Morgan Stanley
The Fly

Performance Food Group resumed with an Equal Weight at Morgan Stanley

Morgan Stanley resumed coverage of Performance Food Group (PFGC) with an Equal Weight rating and $92 price target post the Cheney Bros acquisition. The firm remains a “bit more cautious” on the company’s sales growth for now, saying the stock’s valuation after the recent outperformance reflects the new developments.

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