Baird Maintains Neutral on Cintas, Raises Price Target to $209
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann maintains a Neutral rating on Cintas (NASDAQ:CTAS) and raises the price target from $194 to $209.
September 26, 2024 | 11:18 am
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Baird analyst Andrew Wittmann has maintained a Neutral rating on Cintas but increased the price target from $194 to $209, indicating a positive outlook on the stock's potential value.
The increase in the price target from $194 to $209 suggests a positive outlook on Cintas' future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy or sell signal, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100