Reported 3 days ago
Citigroup has begun coverage of Performance Food Group Company (NYSE:PFGC), rating it as a 'Buy' with a target price of $121.00. This decision comes after an analysis showing the company's operational shifts towards higher-margin foodservice sales, benefiting from changes in the market dynamics for convenience stores. Analysts are optimistic about PFGC's opportunities for growth and potential mergers and acquisitions due to its regional presence.
Source: YAHOO