Oppenheimer Maintains Outperform on Aramark, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ian Zaffino has maintained an Outperform rating on Aramark (NYSE:ARMK), but lowered the price target from $50 to $28.
October 05, 2023 | 2:15 pm
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Aramark's price target has been lowered from $50 to $28 by Oppenheimer, although the Outperform rating is maintained.
The lowering of the price target by Oppenheimer indicates a potential decrease in Aramark's stock price in the short term. However, the maintenance of the Outperform rating suggests that the company is still expected to perform well relative to its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100