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Fly News Breaks for September 26, 2018
CTAS
Sep 26, 2018 | 06:55 EDT
Barclays analyst Manav Patnaik raised his price target for Cintas to $235 saying the company reported "solid" Q1 results. Given the stock's 37% rally year-to-date and management's commentary tonight incremental inflation pressures, the analyst says he would not be surprised to see a pullback in the shares today. However, he views these headwinds as manageable and keeps an Overweight rating on Cintas.
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