Baird Maintains Neutral on Aramark, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann has maintained a Neutral rating on Aramark (ARMK) and increased the price target from $35 to $37.

May 08, 2024 | 11:34 am
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Baird analyst Andrew Wittmann maintains a Neutral rating on Aramark and raises the price target from $35 to $37.
The adjustment in price target by Baird reflects a slightly more optimistic outlook on Aramark's financial performance, yet the maintenance of a Neutral rating suggests that there are still some uncertainties or potential challenges that might prevent a more bullish stance. This could lead to a neutral short-term impact on the stock as investors digest the implications of the new price target against the backdrop of the maintained rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100