Research Analysts’ Weekly Ratings Updates for Sysco (SYY)

by · The Cerbat Gem

A number of research firms have changed their ratings and price targets for Sysco (NYSE: SYY):

  • 5/2/2026 – Sysco was downgraded by Wall Street Zen from “buy” to “hold”.
  • 4/29/2026 – Sysco had its price target lowered by Sanford C. Bernstein from $90.00 to $85.00. They now have a “market perform” rating on the stock.
  • 4/29/2026 – Sysco had its price target raised by Citigroup Inc. from $78.00 to $80.00. They now have a “neutral” rating on the stock.
  • 4/29/2026 – Sysco had its price target lowered by Barclays PLC from $92.00 to $86.00. They now have an “overweight” rating on the stock.
  • 4/28/2026 – Sysco was downgraded by Deutsche Bank Aktiengesellschaft from “buy” to “hold”. They now have a $84.00 price target on the stock.
  • 4/11/2026 – Sysco was upgraded by Wall Street Zen from “hold” to “buy”.
  • 4/7/2026 – Sysco had its price target lowered by Piper Sandler from $83.00 to $77.00. They now have a “neutral” rating on the stock.
  • 4/2/2026 – Sysco had its price target lowered by UBS Group AG from $95.00 to $90.00. They now have a “buy” rating on the stock.
  • 4/2/2026 – Sysco had its price target lowered by Guggenheim from $95.00 to $90.00. They now have a “buy” rating on the stock.
  • 3/31/2026 – Sysco had its price target lowered by Citigroup Inc. from $88.00 to $72.00. They now have a “neutral” rating on the stock.
  • 3/30/2026 – Sysco was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
  • 3/8/2026 – Sysco was downgraded by Wall Street Zen from “buy” to “hold”.

Sysco Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Thursday, July 2nd will be given a $0.55 dividend. This is a positive change from Sysco’s previous quarterly dividend of $0.54. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, July 2nd. Sysco’s payout ratio is 59.83%.

Sysco Corporation (NYSE: SYY) is a global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. Its core business is the procurement, warehousing and delivery of fresh, frozen and dry food products, complemented by non-food items such as paper goods, kitchen equipment, cleaning supplies and tabletop products. Sysco serves customers through an extensive network of distribution centers and dedicated delivery fleets, positioning itself as a one-stop supplier for operators of all sizes.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.

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