Baird Downgrades Cintas to Neutral, Raises Price Target to $775
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann has downgraded Cintas (NASDAQ:CTAS) from Outperform to Neutral while raising the price target from $750 to $775.
July 19, 2024 | 9:03 am
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Baird analyst Andrew Wittmann downgraded Cintas from Outperform to Neutral, but raised the price target from $750 to $775.
The downgrade from Outperform to Neutral suggests a less bullish outlook on Cintas, which could temper investor enthusiasm. However, the raised price target to $775 indicates some positive expectations for the stock's performance.
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