Aramark gets a Wall Street boost

Wall Street’s favorite game: moving the goalposts

Another day, another analyst roundup trying to make your stock watchlist feel like a casino floor. The headline grabber here is Aramark, where Baird raised its price target from $50 to $58 and stuck with an Outperform rating.

That’s not a full-throated “load the truck” moment, but it is a decent vote of confidence. Aramark closed Tuesday at $48.41, so Baird is basically saying, “We still think this thing has some upside before the market stops clapping.”

Why you should care

Analyst calls don’t magically change a company’s business, but they can change the vibe — and in markets, vibe is half the battle. A higher target can pull in momentum traders, keep bullish investors engaged, and give the stock a little extra runway if the fundamentals cooperate.

And Aramark wasn’t the only name getting a tune-up. This roundup had a little bit of everything:

• BMO lifted Nextpower’s target to $125 and kept Market Perform
• Mizuho trimmed Agree Realty to $80 and stayed Neutral
• BTIG bumped Arvinas to $18 with a Buy
• HC Wainwright cut Intellia to $25 but kept Buy
• B of A shaved Hims & Hers to $30 and stayed Neutral
• Truist upgraded Sensata to Buy and lifted its target to $58
• Mizuho slammed ZoomInfo’s target to $3 and downgraded it to Underperform
• KeyBanc cut AECOM to $101 but kept Overweight
• Rosenblatt nearly doubled Arteris’ target to $38 and kept Buy

The big picture

If you own ARMK, the takeaway is simple: one major analyst shop just got more optimistic, and that can matter when traders are hunting for the next leg up. Big picture: Wall Street is still arguing with itself — but Aramark got one of the nicer microphones.