Market Overview

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

Share:
Related CTAS
Benzinga's Top Initiations
Benzinga's Top Upgrades
Cintas: Boring Is Good, Boring Is Money (Seeking Alpha)

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
Apr 2016NomuraInitiates Coverage onBuy
Apr 2016KeyBancUpgradesSector WeightOverweight
Mar 2016Sterne Agee CRTInitiates Coverage onNeutral

View More Analyst Ratings for CTAS
View the Latest Analyst Ratings

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

 

Related Articles (CTAS)

View Comments and Join the Discussion!