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Fly News Breaks for December 23, 2016
CTAS
Dec 23, 2016 | 08:52 EDT
Baird analyst Andrew Wittmann recommended investors use any weakness in Cintas shares as a buying opportunity. He cited the company's Q2 results and said the long-term thesis remains intact as the guidance remains unchanged and the merger with GK will provide a value opportunity. Wittmann reiterated his Outperform rating and raised his price target to $137 from $135 on Cintas shares, adding that good execution, solid underlying trends, and bottoming energy pressures should offer support.
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