TD Cowen cuts target for Performance Food Group stock to USD 110.00
Published on 10/20/2026 at 22:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- TD Cowen cut its Performance Food Group target to USD 110.00 from USD 115.00 on October 15, 2026.
- Fiscal 2026 revenue rose 7.20 percent to USD 67.84 billion.
- Performance Food Group stock costs EUR 87.00 at Lang & Schwarz on October 20, 2026 at 10:03 p.m. CEST, up 2.32 percent on the NYSE.
Performance Food Group (ISIN US71377A1034) faces a lower analyst target after TD Cowen cut its objective to USD 110.00 from USD 115.00 on October 15, 2026, while keeping a Buy rating, as Markets Insider reported. At Lang & Schwarz, the euro quote stood at EUR 87.00 on October 20, 2026 at 10:03 p.m. CEST; the NYSE quote was up 2.32 percent on the day.
Revenue growth sets the backdrop
Performance Food Group reported fiscal 2026 net sales of USD 67.84 billion, up 7.20 percent from USD 63.30 billion in fiscal 2025. The company also reported fiscal 2026 net income of USD 359.30 million, up 5.60 percent, and diluted earnings per share of USD 2.29, up 5.00 percent, according to Business Wire.
What does the target imply?
TD Cowen's USD 110.00 target is 12.30 percent above the USD 97.93 NYSE quote from October 20, 2026. The same analyst note cited softer restaurant traffic and higher fuel prices as factors behind its outlook, keeping the target below the USD 136.00 objective Morgan Stanley set in a separate October update.
Price position and valuation
The NYSE quote stood within a USD 80.82 to USD 117.48 52-week range on October 20, 2026. Performance Food Group's market capitalization was USD 15.4 billion, its price-to-earnings ratio was 42.76, and volume reached 1,144,155 shares.
November 4 results date
The next earnings report is scheduled for November 4, 2026, according to TradingView. That report will give investors a fresh test of the fiscal 2027 outlook, which calls for full-year net sales of USD 72.50 billion to USD 73.00 billion and adjusted earnings before interest, taxes, depreciation and amortization of USD 2.13 billion to USD 2.23 billion.
Comparison with peers
Performance Food Group: up 2.32 percent, price-to-earnings ratio 42.76, market capitalization USD 15.4 billion
Sysco Corporation (NYSE, USD): up 1.62 percent, price-to-earnings ratio 22.65, market capitalization USD 40.8 billion
US Foods Holding Corp. (NYSE, USD): up 2.66 percent, price-to-earnings ratio 31.71, market capitalization USD 22.3 billion
Stock remains tied to execution
The lower TD Cowen target puts the upcoming report alongside a still-growing revenue base and a valuation above the two named peers. At Lang & Schwarz, Performance Food Group was trading at EUR 87.00 on October 20, 2026 at 10:03 p.m. CEST, up 2.32 percent on the NYSE.
The further course of trading is shown by the continuously updated real-time quote of Performance Food Group stock.
Performance Food Group market snapshot
- Company: Performance Food Group Company
- ISIN: US71377A1034
- Ticker: PFGC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 10:03 p.m. CEST): EUR 87.00
- Change on NYSE: plus 2.32 percent
- Market capitalization: USD 15.4 billion (as of October 20, 2026)
- 52-week range: USD 80.82-117.48 (as of October 20, 2026)
- Sector / Industry: Consumer Defensive / Food Distribution
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
