Barclays Maintains Underweight on Aramark, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik maintains an Underweight rating on Aramark (NYSE:ARMK) and raises the price target from $36 to $38.
August 10, 2023 | 11:29 am
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Barclays maintains an Underweight rating on Aramark but raises the price target from $36 to $38.
The news is directly related to Aramark and is likely to influence investor sentiment. While the Underweight rating suggests that Barclays expects the stock to underperform, the raised price target indicates a slightly more positive outlook. However, the overall impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100