Morgan Stanley Maintains Equal-Weight on Aramark, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Toni Kaplan has maintained an Equal-Weight rating on Aramark (NYSE:ARMK) but reduced the price target from $27 to $26.
November 15, 2023 | 2:14 pm
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Morgan Stanley has maintained an Equal-Weight rating on Aramark but lowered the price target from $27 to $26, indicating a potential limited upside or cautious stance on the stock.
The reduction in price target by Morgan Stanley suggests a slightly more cautious view on Aramark's future stock performance. However, since the rating remains at Equal-Weight, the immediate impact on the stock price may be neutral as the market has likely already priced in the analyst's expectations.
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