Morgan Stanley analyst Toni Kaplan raised the firm’s price target on Aramark (ARMK) to $43 from $40 and keeps an Equal Weight rating on the shares. With potential for improving consumer credit and rebounding capital markets in 2025, the firm says it prefers Business and Education Services stocks where it expects accelerating growth not yet reflected in valuation.
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Read More on ARMK:
- Aramark price target raised to $45 from $44 at Baird
- Aramark price target raised to $49 from $45 at Stifel
- Aramark price target raised to $45 from $43 at Goldman Sachs
- ARAMARK Holdings Faces Acquisition and Integration Challenges: Risks to Financial Stability
- Aramark price target raised to $46 from $42 at Truist
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