UPDATE: KeyBanc Capital Markets Downgrades Cintas Corporation to Hold; No Near-Term Catalysts
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
|Apr 2016||Nomura||Initiates Coverage on||Buy|
|Apr 2016||KeyBanc||Upgrades||Sector Weight||Overweight|
|Mar 2016||Sterne Agee CRT||Initiates Coverage on||Neutral|
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