Barclays Raises its Price Target on Performance Food Group (PFGC)

Performance Food Group Company (NYSE:PFGC) is one of the 10 Best Stocks to Buy in Falling Markets According to Wall Street Analysts.

On May 7, 2026, Barclays raised the firm’s price target on Performance Food Group Company (NYSE:PFGC) to $115 from $105 while maintaining an Overweight rating on the shares. The firm said the company delivered a fiscal Q3 beat across the board.

Citi analyst Karen Holthouse also raised the firm’s price target on Performance Food Group Company (NYSE:PFGC) to $135 from $130 and maintained a Buy rating following the earnings report.

On May 6, 2026, Performance Food Group Company (NYSE:PFGC) reported Q3 adjusted EPS of 80c, versus the consensus estimate of 78c. Revenue totaled $16.3B, versus the consensus estimate of $16.17B. Total case volume increased 4.4% during the quarter, while total independent foodservice case volume rose 7.3% and organic independent foodservice case volume increased 6.5%. President and CEO Scott McPherson said the company’s strong third-quarter performance positioned it to finish fiscal 2026 with significant momentum that management expects to continue into fiscal 2027. McPherson added that despite a challenging operating environment, Performance Food Group delivered strong top-line growth and adjusted EBITDA above the high end of prior guidance. The company also cited market share gains, operational execution, and contributions from its diversified business model and recent acquisitions, including Cheney Brothers.

Barclays Raises its Price Target on Performance Food Group (PFGC)

Performance Food Group Company (NYSE:PFGC) now expects FY26 revenue of $67.7B-$68.0B, versus the consensus estimate of $67.62B. The company also narrowed its FY26 adjusted EBITDA outlook to $1.9B-$1.93B from its prior range of $1.875B-$1.975B.

Performance Food Group Company (NYSE:PFGC) markets and distributes food and related products across North America.

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