Aramark price target raised to $58 from $50 at Truist

Truist analyst Jasper Bibb raised the firm’s price target on Aramark (ARMK) to $58 from $50 and keeps a Buy rating on the shares. The company reported upside Q2 results, indicated FY26 organic growth is running at the upper end of the range and outlined a larger opportunity for Data Center than expected, the analyst tells investors in a research note.