Stifel Maintains Hold on Cintas, Raises Price Target to $585
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Shlomo Rosenbaum has maintained a Hold rating on Cintas (NASDAQ:CTAS) and increased the price target from $526 to $585.

December 22, 2023 | 12:06 pm
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Stifel analyst Shlomo Rosenbaum reaffirmed a Hold rating on Cintas and raised the price target to $585, indicating a positive outlook on the stock's value.
The increase in price target by Stifel suggests an improved outlook on Cintas's future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, since the rating remains a Hold, the impact may be moderate rather than strong.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100