Barclays Raises its Price Target on Performance Food Group (PFGC) The recent price target increase by Barclays for Performance Food Group (PFGC) has left investors wondering if this is a company on the rise or just another fleeting trend.
As one of the 10 Best Stocks to Buy in Falling Markets According to Wall Street Analysts, PFGC has certainly caught the attention of many market watchers.
The company's Q3 earnings report was met with a price target hike by Barclays to $115 from $105, while maintaining an Overweight rating on the shares. This increase is significant, but what does it mean for investors?