Aramark price target raised to $45 from $43 at Stifel

Stifel raised the firm’s price target on Aramark (ARMK) to $45 from $43 and keeps a Buy rating on the shares following a quarter the firm characterizes as “mixed.” Some large contract exits and purposeful exits of low-margin contracts in general, plus a few large deals slipping to Q1 resulted in lower-than-expected Q4 revenue and FY25 revenue guidance, but the firm views these items as “episodic, not a change in business trajectory,” and continues to like the story, the analyst tells investors.