Morgan Stanley raises target for Sysco stock to USD 91
Published on 10/18/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget change and reporting dates
- Morgan Stanley lifted its target from USD 88 to USD 91 on October 15, 2026.
- Fiscal year 2026 sales reached USD 84.6 billion, up 3.9 percent.
- Sysco had a USD 40.4 billion market capitalization as of October 16, 2026.
Sysco Corp. (ISIN US8718291078) has a new Morgan Stanley price target of USD 91, up from USD 88, after an October 15, 2026 research update by Markets Insider. Analyst Brian Harbour kept an Equal Weight rating, while the update cited resilient demand alongside slower quick-service restaurant trends and lettuce-related issues.
Three financing steps in 2026
On September 25, 2026, Sysco closed a CAD 1.5 billion senior notes offering, according to the company's investor-relations page at Sysco. On October 6, 2026, it announced the closing of USD 14.65 billion and EUR 1.0 billion notes offerings through the same investor-relations release page. On October 15, 2026, Morgan Stanley raised its target from USD 88 to USD 91, keeping Equal Weight, as reported by Markets Insider.
What does the target change imply?
The broader analyst picture provides a measurable counterweight to the single-house target. MarketBeat reported on October 17, 2026 that 9 of 16 analysts rated Sysco Buy, 6 rated it Hold and 1 rated it Sell, with an average target of USD 90.42.
The operating base behind those targets is fiscal year 2026 sales of USD 84.6 billion, an increase of 3.9 percent from the prior year. The company also reported adjusted operating income of USD 3.6 billion, up 2.6 percent, and adjusted earnings per share of USD 4.61, according to the fiscal-year materials filed with the SEC.
Results and shareholder dates
Sysco has scheduled its first-quarter fiscal year 2027 results for November 3, 2026, according to its investor-relations calendar. The annual meeting is scheduled for November 13, 2026, with the date stated in the company's proxy filing.
Market value sets the frame
Sysco had a market capitalization of USD 40.4 billion as of October 16, 2026. Its 52-week range was USD 68.19 to USD 91.85 on that date, placing the Morgan Stanley target below the reported high while keeping the valuation discussion tied to a defined trading range.
The further course of trading is shown by the continuously updated real-time quote of Sysco stock.
Sysco stock key facts
- Company: Sysco Corporation
- ISIN: US8718291078
- Ticker: SYY
- Primary exchange: NYSE
- Market capitalization: USD 40.4 billion (as of October 16, 2026)
- 52-week range: USD 68.19-91.85 (as of October 16, 2026)
- Sector / Industry: Consumer Defensive / Food Distribution
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
