Read How Analysts Reacted To Cintas'' Q4 Results
RBC Capital analyst Ashish Sabadra lowered the price target on Cintas Corp (NASDAQ: CTAS ) to $450 (an upside of 16%) from $475, citing elevated macroeconomic uncertainty. Sabadra maintained the Outperform rating on the shares. The analyst stated that CTAS'' 4Q22 results beat expectations and provided strong FY23 revenue guidance. He believes revenues are more resilient than the prior downturn, namely the Global Financial Crisis in 2008. Sabadra believes that … Full story available on Benzinga.com
Read How Analysts Reacted To Cintas'' Q4 Results
RBC Capital analyst Ashish Sabadra lowered the price target on Cintas Corp (NASDAQ: CTAS ) to $450 (an upside of 16%) from $475, citing elevated macroeconomic uncertainty. Sabadra maintained the Outperform rating on the shares. The analyst stated that CTAS'' 4Q22 results beat expectations and provided strong FY23 revenue guidance. He believes revenues are more resilient than the prior downturn, namely the Global Financial Crisis in 2008. Sabadra believes that … Full story available on Benzinga.com