Sysco Corporation (SYY) has been showing a positive trend recently, with the current price at 80.1. The stock has a weekly forecast of (+6.7%) and a monthly forecast of (+4.9%).
Forecast:
– Short-term forecast: 🟢 +6.7%
– Long-term forecast: 🟢 +4.9%
Recent News:
– 🔴 Sysco Co. declared a quarterly dividend on Wednesday, which may impact investor sentiment.
– 🔴 BKM Wealth Management LLC purchased a new position in Sysco Co., indicating confidence in the stock.
– 🔴 JPMorgan Chase & Co. raised the price objective for Sysco Co., suggesting positive growth potential.
– 🔴 Ancora Advisors LLC increased its holdings in Sysco Co., showing continued interest in the stock.
– 🔴 Charles Schwab Trust Co reduced its holdings in Sysco Co., potentially impacting the stock price.
– 🔴 Synovus Financial Corp cut its position in Sysco Co., which could lead to a decrease in demand.
– 🔴 Bruce G. Allen Investments LLC bought a new position in Sysco Co., indicating growing interest in the stock.
– 🔴 Sysco Co. CAO Neil Russell sold shares of the company’s stock, which may affect market perception.
– 🔴 Powers Advisory Group LLC reduced its position in Sysco Co., potentially signaling a decrease in demand.
– 🔴 Royal Bank of Canada lessened its position in Sysco Co., which could impact the stock price negatively.
Impact on Price:
Sysco Corporation’s recent news highlights a mix of positive and negative developments that could impact the stock price. While some actions like dividend declarations and new investments suggest confidence in the company, others like share sales and reduced holdings may lead to a decrease in demand. Investors should closely monitor these factors to make informed decisions regarding Sysco Corporation stock.
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