Jefferies Maintains Hold on Cintas, Adjusts Price Target To $200 (forward stock split 4:1)
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Stephanie Moore maintains a Hold rating on Cintas (NASDAQ:CTAS) and adjusts the price target to $200 from $730, reflecting a 4:1 forward stock split.
September 26, 2024 | 5:44 pm
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Jefferies maintains a Hold rating on Cintas and adjusts the price target to $200 from $730 due to a 4:1 forward stock split.
The adjustment in the price target from $730 to $200 is due to a 4:1 forward stock split, which is a technical adjustment and does not reflect a change in the company's valuation. The Hold rating suggests a neutral outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100