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UPDATE: KeyBanc Capital Markets Downgrades Cintas Corporation to Hold; No Near-Term Catalysts

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KeyBanc Capital Markets reduces its rating on Cintas Corporation (NASDAQ: CTAS) from Buy to Hold and suspends its price target of $43.

KeyBanc Capital Markets notes, "Downgrading CTAS Shares to HOLD from BUY Due to Lack of a Near-Term Catalyst, Used Paper Headwinds, Past Outperformance."

CTAS closed at $37.85 on Wednesday.

Latest Ratings for CTAS

DateFirmActionFromTo
Aug 2016KeyBancMaintainsOverweight
Aug 2016NomuraMaintainsBuy
Aug 2016BairdUpgradesNeutralOutperform

View More Analyst Ratings for CTAS
View the Latest Analyst Ratings

Posted-In: KeyBanc Capital MarketsAnalyst Color Downgrades Price Target Intraday Update Analyst Ratings

 

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