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Performance Food Group Stock Rating Upgraded by Zacks Research
Analysts raise PFGC from 'strong sell' to 'hold' rating
Apr. 9, 2026 at 10:28am
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An extreme close-up of the industrial machinery and logistics that power a major food distribution company like Performance Food Group.Richmond TodayZacks Research has upgraded shares of Performance Food Group (NYSE:PFGC) from a 'strong sell' rating to a 'hold' rating in a new research report. The food distribution company's stock has seen a number of analyst ratings changes in recent months as it navigates economic challenges.
Why it matters
Performance Food Group is one of the largest foodservice distributors in the U.S., serving a diverse customer base that includes restaurants, healthcare facilities, schools, and other institutions. Analyst ratings and price target changes can significantly impact investor sentiment and the stock's trading performance.
The details
In the new report, Zacks Research analysts raised their rating on PFGC shares from 'strong sell' to 'hold'. Other analysts have also recently weighed in on the stock, with Weiss Ratings reaffirming a 'hold (c)' rating and Piper Sandler lowering their price target from $116 to $111, while maintaining an 'overweight' rating. Overall, the stock currently has a 'Moderate Buy' consensus rating from Wall Street analysts, with an average price target of $116.44.
- Zacks Research issued the new rating on Tuesday, April 9, 2026.
The players
Performance Food Group
A leading foodservice distribution company headquartered in Richmond, Virginia that operates multiple business segments and serves a diverse customer base.
Zacks Research
An equity research firm that provides investment research and analysis on stocks.
The takeaway
This rating upgrade from Zacks Research reflects the ongoing challenges and shifting dynamics in the foodservice distribution industry that companies like Performance Food Group must navigate. Investors will be closely watching how the company's fundamentals and stock performance evolve in the coming quarters.
