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Fly News Breaks for June 27, 2017
CTAS
Jun 27, 2017 | 05:58 EDT
Nomura Instinet analyst Dan Dolev downgraded Cintas to Neutral and lowered its price target to $130 from $142. The analyst lowered FY18 uniform rental organic growth forecasts to 5% from 7% saying the G&K integration will slow organic growth near-term and believes shares may take a pause following six years of outperformance.
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