CFRA Upgrades Cintas to Sell, Adjusts Price Target to $170 (4-1 Stock Split)
Portfolio Pulse from Benzinga Newsdesk
CFRA analyst Caydee Blankenship has upgraded Cintas (NASDAQ:CTAS) from Strong Sell to Sell and adjusted the price target from $645 to $170, reflecting a 4-1 stock split.
September 12, 2024 | 6:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CFRA has upgraded Cintas from Strong Sell to Sell, with a new price target of $170 due to a 4-1 stock split. This indicates a slight improvement in the analyst's outlook.
The upgrade from Strong Sell to Sell suggests a slightly more positive outlook from the analyst, which could lead to a short-term positive impact on the stock price. The adjusted price target reflects the 4-1 stock split, which is a technical adjustment rather than a change in valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100