Citigroup Maintains Buy Rating for Aramark: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained its Buy rating for Aramark (NYSE:ARMK) and increased its price target from $33.93 to $36.50. This new target represents a 44.96% increase from the current share price. Aramark's shares have risen by 0.68% over the last 24 hours.
October 10, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup's maintained Buy rating and increased price target for Aramark could potentially boost investor confidence and drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Citigroup's decision to maintain a Buy rating and raise the price target for Aramark suggests a positive outlook for the company, which could potentially attract more investors and drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100