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Fly News Breaks for May 12, 2016
ARMK
May 12, 2016 | 07:14 EDT
After Aramark reported higher than expected Q2 EPS but lower than expected revenue, RBC Capital expects the company's top and bottom line results to improve significantly in 2H16. The firm thinks that the stock will follow suit, and it reiterates a $40 price target and Top Pick rating on the shares.
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