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Sysco (SYY -1.9%) slides on a downgrade to Underweight at Barclays, based on high food...

Sysco (SYY -1.9%) slides on a downgrade to Underweight at Barclays, based on high food inflation, aggressive competitor pricing, and lack of dividend growth. the firm also lowers its price target to $27 from $28.
Comments (3)
  • William O. Wing
    , contributor
    Comments (4) | Send Message
     
    "downgrade to Underweight" ... consider the source and make your own call. W.O.Wing.
    18 May 2012, 01:12 PM Reply Like
  • bucky1845
    , contributor
    Comments (8) | Send Message
     
    Yes! Think I'll cash in my holdings and buy facebook!
    18 May 2012, 01:33 PM Reply Like
  • Walt17
    , contributor
    Comments (415) | Send Message
     
    "lack of dividend growth"
    A dividend champion, having increased the dividend for 42 consecutive years, including a 4% increase during a bad economic environment. While holding the payout ratio to 55%. What more do they want?
    18 May 2012, 03:48 PM Reply Like
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