JP Morgan Maintains Overweight on Aramark, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrew Steinerman maintains an Overweight rating on Aramark (NYSE:ARMK) and raises the price target from $39 to $41.
September 09, 2024 | 3:01 pm
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JP Morgan has reaffirmed its Overweight rating on Aramark and increased the price target from $39 to $41, indicating a positive outlook on the stock.
The increase in price target from $39 to $41 by JP Morgan suggests a positive sentiment towards Aramark's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the average total return of stocks in the analyst's coverage universe.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100