Today: 19 March 2026
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NYSE:USFD 6 January 2026 - 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.

Stock Market Today

  • Mizuho Cuts General Mills Price Target, Forecast Turns Pessimistic
    March 19, 2026, 2:46 PM EDT. Mizuho lowered General Mills (NYSE:GIS) price target from $47 to $39, citing concerns amid a "neutral" rating. This signals a modest 4.65% potential gain from recent closing price of $37.27. Other firms like Morgan Stanley, UBS, and Zacks also downgraded the stock citing weak earnings and lower revenue expectations. General Mills reported Q4 earnings of $0.64 per share, missing estimates by $0.09, and revenue fell 8.4% year-over-year. The company trades near its 52-week low with a current market cap of $19.88 billion. Analyst consensus leans toward a "Reduce" rating with an average target of $45.56, reflecting investor caution amid decreased profitability and mixed financial signals.
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