Sysco Corporation (SYY) Maintains Buy Rating as Global Growth and Scale Drive Optimism

Sysco Corporation (NYSE:SYY) ranks among the top consumer staples stocks according to hedge funds. On June 9, Jefferies analyst Alexander Slagle maintained his Buy rating on Sysco Corporation (NYSE:SYY) and set a price target of $88 on the company’s shares. The analyst claims that the company’s size and scale, which enable large expenditures in workforce, supply chain, and technology, put it in a strong position to take advantage of long-term market share prospects domestically as well as internationally.

Furthermore, Sysco’s global operations have performed well, exhibiting the efficacy of its strategic goals with six consecutive quarters of double-digit operating profit growth.

Even though the salesforce compensation model has changed recently, Sysco Corporation (NYSE:SYY) is putting strategies in place to overcome these obstacles and pave the way for better development and fundamentals.

The biggest wholesale food distributor in the United States, Sysco Corporation (NYSE:SYY) markets and distributes goods to a range of establishments, including restaurants, healthcare facilities, and educational institutions.

While we acknowledge the potential of SYY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.