Stifel Maintains Hold on Cintas, Raises Price Target to $585-Report Released on 21 December 2023
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 | 6:55 pm
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Stifel's analyst Shlomo Rosenbaum has 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 valuation of Cintas, which could lead to positive investor sentiment and a potential increase in the stock price in the short term. However, the Hold rating indicates that the analyst does not see significant momentum beyond the new target price in the near future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100