Morgan Stanley Maintains Equal-Weight on Aramark, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Toni Kaplan maintains an Equal-Weight rating on Aramark (NYSE:ARMK) and raises the price target from $35 to $38.
September 09, 2024 | 1:16 pm
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Morgan Stanley has maintained its Equal-Weight rating on Aramark while increasing the price target from $35 to $38, indicating a positive outlook.
The increase in price target from $35 to $38 by Morgan Stanley suggests a positive outlook for Aramark, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100