Truist Securities Initiates Coverage On Aramark with Buy Rating, Announces Price Target of $33
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jasper Bibb has initiated coverage on Aramark (NYSE:ARMK) with a Buy rating and set a price target of $33. This new coverage could influence investor sentiment and potentially impact the stock's performance in the short term.
January 08, 2024 | 4:42 pm
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Aramark receives a Buy rating from Truist Securities with a price target of $33, which may positively affect its stock price in the short term.
Analyst ratings, especially initiations of coverage with a Buy rating, tend to generate positive investor sentiment. The announcement of a price target above the current market price can lead to increased investor interest and a potential rise in the stock price as the market adjusts to the new information.
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