02:25 AM EST, 11/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target by $4 to $120, based on a 12x EV/EBITDA multiple (unchanged) applied to our FY 26 (Jun.) adjusted EBITDA estimate of $2,060M (+17% Y/Y; up from $2,013M). We trim our FY 26 EPS to $5.27 (from $5.31) but lift FY 27's to $6.57 (from $6.50). Our revised target reflects strong Q1 FY 26 results, highlighted by 6% organic independent case volume growth, which we believe is outpacing peers and supporting share gains. PFGC also continues to build momentum in its Convenience segment, adding two large customers (i.e., Love's Travel Stop and RaceTrac). While the Specialty segment is seeing some softness in the Theater channel, margins are improving given the channel's lower profitability. Overall, we are encouraged by the strong start to the year and believe PFGC remains on track to achieve its FY 28 financial targets, including $2.3B-$2.5B of adjusted EBITDA, implying 30%-40% growth from FY 25. We maintain a Buy rating.