UBS Maintains Buy on Cintas, Raises Price Target to $790
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Chan maintains a Buy rating on Cintas (NASDAQ:CTAS) and raises the price target from $680 to $790.
March 28, 2024 | 2:34 pm
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UBS analyst Joshua Chan has raised the price target for Cintas from $680 to $790 while maintaining a Buy rating.
The increase in price target by a reputable analyst like Joshua Chan from UBS is a strong positive signal for Cintas. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of endorsement typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100