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NASDAQ:PFGC 13 February 2026

Performance Food Group stock steadies near $98 after an 8% surge — here’s what Wall Street is watching

Performance Food Group stock steadies near $98 after an 8% surge — here’s what Wall Street is watching

Performance Food Group shares held near $98 Friday after a sharp rally Thursday, following strong results from peer US Foods. PFG expects to close a $1.06 billion debt refinancing next week, redeeming 2027 notes. The company recently reported a 5.2% rise in quarterly net sales and narrowed its 2026 outlook, citing higher integration costs and margin pressure from deflation in some food categories.
13 February 2026
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Stock Market Today

  • Top 10 Stock Market Trends to Watch on June 23
    June 23, 2026, 9:37 AM EDT. Nasdaq futures dropped 2.5% on Tuesday, led by semiconductor and AI stocks following a sharp decline in South Korea's market. Bank of America raised price targets for chipmakers including Arm, Intel, Micron, and Applied Materials. Susquehanna initiated coverage on SpaceX with a hold rating amid mixed market prospects. Nike was downgraded to hold over concerns about earnings cuts. Wolfe Research reshuffled retail ratings, upgrading Target as their top pick while downgrading Home Depot and Five Below. Darden Restaurants and Ross Stores faced downgrades due to earnings and consumer concerns. IBM received a buy upgrade from JPMorgan, expecting software growth. JPMorgan valued Amazon Prime membership at $1,440 annually, much higher than actual cost, delaying price hike expectations to 2027.

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