VectoIQ Acquisition Corp. (VTIQ) Reaches $9.98 High on Mar, 17; Last Week Sysco (SYY) Coverage

Sysco Corporation (NYSE:SYY) Logo

Among 7 analysts covering Sysco (NYSE:SYY), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Sysco had 9 analyst reports since October 23, 2018 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Tuesday, November 6. Citigroup maintained the shares of SYY in report on Tuesday, November 13 with “Neutral” rating. The rating was downgraded by Bank of America to “Neutral” on Wednesday, January 16. The company was maintained on Tuesday, November 6 by RBC Capital Markets. BMO Capital Markets maintained the shares of SYY in report on Tuesday, November 6 with “Outperform” rating. The stock of Sysco Corporation (NYSE:SYY) earned “Buy” rating by Credit Suisse on Wednesday, February 20. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, November 6 report. See Sysco Corporation (NYSE:SYY) latest ratings:

15/03/2019 Broker: BidaskScore Rating: Hold Downgrade
20/02/2019 Broker: Credit Suisse Rating: Buy New Target: $75 Maintain
16/01/2019 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
13/11/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $78 New Target: $74 Maintain
06/11/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $71 New Target: $69 Maintain
06/11/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Sector Perform Old Target: $67 New Target: $65 Maintain
06/11/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $80 New Target: $75 Maintain
06/11/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $81 New Target: $79 Maintain
23/10/2018 Broker: Buckingham Research Rating: Buy New Target: $82 Initiates Coverage On

The stock of VectoIQ Acquisition Corp. (NASDAQ:VTIQ) reached all time high today, Mar, 17 and still has $10.28 target or 3.00% above today’s $9.98 share price. This indicates more upside for the $295.81 million company. This technical setup was reported by Barchart.com. If the $10.28 PT is reached, the company will be worth $8.87M more. The stock decreased 0.10% or $0.01 during the last trading session, reaching $9.98. About 50,551 shares traded. VectoIQ Acquisition Corp. (NASDAQ:VTIQ) has 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

More important recent VectoIQ Acquisition Corp. (NASDAQ:VTIQ) news were published by: Prnewswire.com which released: “VectoIQ Acquisition Corp. Announces the Separate Trading of Its Common Stock and Warrants Commencing June 11, 2018 – PR Newswire” on June 08, 2018, also Prnewswire.com published article titled: “VectoIQ Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering – PR Newswire”, Prnewswire.com published: “VectoIQ Acquisition Corp. Closes $200 Million Initial Public Offering – PR Newswire” on May 18, 2018. More interesting news about VectoIQ Acquisition Corp. (NASDAQ:VTIQ) was released by: Streetinsider.com and their article: “Form S-1/A VectoIQ Acquisition Corp – StreetInsider.com” with publication date: May 15, 2018.

VectoIQ Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization reorganization, or similar business combination with one or more businesses in industrial technology, transportation, and smart mobility industries. The company has market cap of $295.81 million.

The stock increased 0.23% or $0.15 during the last trading session, reaching $66.27. About 7.79 million shares traded or 128.28% up from the average. Sysco Corporation (NYSE:SYY) has risen 12.87% since March 17, 2018 and is uptrending. It has outperformed by 8.50% the S&P500. Some Historical SYY News: 08/03/2018 S&PGR Rts Sysco Corp. Prpsd Sr Unscd Nts ‘BBB+’; 10/05/2018 – Sysco Establishes Scholarship in Honor of Former CEO William J. Delaney; 22/03/2018 – SYSCO REPORTS UPSIZING OF PENDING CASH TENDER OFFER; 07/05/2018 – SYSCO CORP – QTRLY SALES INCREASED 6.1% TO $14.3 BLN; 07/05/2018 – Sysco 3Q EPS 63c; 29/05/2018 – Sysco at Bernstein Strategic Decisions CEO Conference Tomorrow; 07/05/2018 – SYSCO CORP – QTRLY SHR $0.63; 07/05/2018 – SYSCO 3Q ADJ EPS 67C; 07/05/2018 – SYSCO CORP – QTRLY ADJ SHR $0.67; 07/05/2018 – Sysco 3Q Gross Margin Fell 9 Basis Points to 18.65%

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, Bahamas, Mexico, Costa Rica, Panama, the United Kingdom, France, Sweden, Ireland, Belgium, Spain, and Luxembourg. The company has market cap of $34.03 billion. It operates through three divisions: U.S. It has a 23.66 P/E ratio. Foodservice Operations, International Foodservice Operations, and SYGMA.

Since September 17, 2018, it had 0 insider purchases, and 8 insider sales for $503.17 million activity. Shares for $368,550 were sold by TILGHMAN RICHARD G. 2.22 million Sysco Corporation (NYSE:SYY) shares with value of $147.23 million were sold by Frank Joshua D.. Libby Russell T. also sold $3.81 million worth of Sysco Corporation (NYSE:SYY) shares. 1.52M shares were sold by PELTZ NELSON, worth $101.38 million. CHARLTON ROBERT S sold 22,321 shares worth $1.47M.

More notable recent Sysco Corporation (NYSE:SYY) news were published by: Globenewswire.com which released: “Sysco’s Cutting Edge Solutions Announces Additional Product Offerings – GlobeNewswire” on February 18, 2019, also Globenewswire.com with their article: “Sysco Celebrates International Women’s Day NYSE:SYY – GlobeNewswire” published on March 08, 2019, Globenewswire.com published: “Sysco Announces Multi-Site Solar Gardens in Texas Are Operational – GlobeNewswire” on February 25, 2019. More interesting news about Sysco Corporation (NYSE:SYY) were released by: Benzinga.com and their article: “Aurora Cannabis (NYSE:ACB) Appoints Nelson Peltz As Strategic Advisor: ‘Solid Execution, Strongly Differentiated From Its Peers’ – Benzinga” published on March 13, 2019 as well as Bizjournals.com‘s news article titled: “Sysco solar farms enter service – Houston Business Journal” with publication date: February 25, 2019.

Investors sentiment decreased to 0.85 in 2018 Q4. Its down 0.06, from 0.91 in 2018Q3. It worsened, as 55 investors sold Sysco Corporation shares while 350 reduced holdings. 86 funds opened positions while 257 raised stakes. 407.27 million shares or 2.31% more from 398.07 million shares in 2018Q3 were reported. Hyman Charles D has invested 0.14% of its portfolio in Sysco Corporation (NYSE:SYY). Amalgamated State Bank reported 70,111 shares or 0.12% of all its holdings. 10,600 are held by Compton Capital Ri. Quantbot Technologies Lp accumulated 36,028 shares. Next Fincl Gru owns 6,182 shares. Riverhead Cap Mgmt Limited Liability Company owns 117,409 shares. Millennium Ltd Llc stated it has 0.08% of its portfolio in Sysco Corporation (NYSE:SYY). Valley Advisers has invested 0.01% in Sysco Corporation (NYSE:SYY). Mcrae Cap Management Inc stated it has 3,460 shares or 0.11% of all its holdings. Panagora Asset Mgmt Inc invested 0.08% of its portfolio in Sysco Corporation (NYSE:SYY). Wms Prns Ltd Liability Company holds 0.08% or 4,514 shares. Hartford Inv Mngmt, a Connecticut-based fund reported 58,551 shares. State Board Of Administration Of Florida Retirement holds 709,907 shares. Kidder Stephen W stated it has 0.32% in Sysco Corporation (NYSE:SYY). Gsa Limited Liability Partnership accumulated 0.04% or 5,640 shares.

Sysco Corporation (NYSE:SYY) Institutional Positions Chart