Wellington Shields Downgrades Cintas (CTAS) to Gradually Accumulate

July 17, 2012 1:58 PM EDT Send to a Friend
Get Alerts CTAS Hot Sheet
Price: $45.35 -1.18%

Rating Summary:
    5 Buy, 7 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
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Wellington Shields downgraded shares of Cintas (NASDAQ: CTAS) from Buy to Gradually Accumulate in a mid-day research note Tuesday. The firm's price target was lowered from $53 to $45.

The downgrade follows inline Q4 results and FY13 guidance from Cintas late Monday. Shares are down 3.9 percent at last check.

For an analyst ratings summary and ratings history on Cintas click here. For more ratings news on Cintas click here.


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