Aramark price target raised to $54 from $52 at BofA

BofA analyst Curtis Nagle raised the firm’s price target on Aramark (ARMK) to $54 from $52 and keeps a Buy rating on the shares. The firm raised its FY26 and FY27 revenue and adjusted operating income estimates following the company’s fiscal Q2 report, saying that it sees momentum building across the company’s core end markets.