UBS Cuts Cintas (CTAS) Price Target but Sees Opportunity in Margin Strength and UniFirst Deal

UBS Group AG recently lowered its price target for Cintas Corporation (NASDAQ: CTAS) to $228 from $235, while maintaining a Buy rating. Despite the reduced price target, UBS analysts see a compelling setup for Cintas due to improving EBIT margins, a lower stock multiple, and the long-term potential of the UniFirst Corporation deal. Cintas reported 8.2% organic growth and affirmed its full-year revenue and adjusted diluted EPS guidance.

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