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Sysco Corporation $SYY Shares Sold by PNC Financial Services Group Inc.
PNC Financial Services Group Inc. reduced its stake in Sysco Corporation (NYSE:SYY) by 4.2% in the third quarter, selling 20,276 shares and retaining 462,580 shares valued at approximately $38.09 million. Sysco reported Q earnings of $0.99 EPS, beating estimates, and revenue of $20.76 billion. The company has a “Moderate Buy” consensus rating with a target price of $89.69, and recent insider selling was noted.