Cintas Corp. (CTAS) Tops Q1 EPS by 9c; Raises Outlook

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Go back to Cintas Corp. (CTAS) Tops Q1 EPS by 9c; Raises Outlook

Cintas (CTAS) PT Raised to $235 at Baird Following 1Q

September 26, 2018 8:26 AM EDT

Baird analyst Andrew Wittmann raised the price target on Cintas (NASDAQ: CTAS) to $235.00 (from $215.00) while maintaining an Outperform rating following the company's 1Q earnings report. Adjusted EPS of $1.93 compared to $1.80 consensus, driven by better-than-expected revenue but also tax benefit timing.

Management now... More