Wells Fargo Maintains Equal-Weight Rating for Cintas: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wells Fargo has maintained its Equal-Weight rating for Cintas (NASDAQ:CTAS) and raised its price target from $470.00 to $500.00. Cintas shares are currently trading at $495.92, up 0.29% over the last 24 hours. A move to $500.00 would represent a 0.82% increase from the current share price.
July 14, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo's maintained Equal-Weight rating and increased price target for Cintas could potentially lead to a positive impact on the company's stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Wells Fargo's decision to maintain its Equal-Weight rating and raise its price target for Cintas could be interpreted by investors as a positive signal, potentially leading to increased demand for CTAS shares and a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100