Cintas (CTAS) PT Lowered to $200 at Jefferies

Jefferies analyst Stephanie Moore lowered the price target on Cintas (NASDAQ: CTAS) to $200.00 (from $730.00) while maintaining a Hold rating.

The analyst commented: "CTAS reported robust FQ1 results, beating cons estimates across the board. Management increased FY25 guide, which assumes organic growth of 7-8.1% and no macro slowdown. We think margins can churn higher, given tech investments, operating leverage, and accretive M&A. We remain on the sidelines given valuation."

You May Also Be Interested In

• Macquarie Downgrades Roblox Corp. (RBLX) to Neutral
• Live Nation Entertainment (LYV) PT Raised to $215 at Benchmark
• Sony (SONY) PT Raised to $23 at Bernstein SocGen Group