Cintas Corp. (CTAS) Reports Q2 EPS of $1.76, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus

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Cintas (CTAS) PT Lowered to $160 at Credit Suisse Following 2Q beat and Raise

December 21, 2018 7:51 AM EST

Credit Suisse analyst Kevin McVeigh lowered the price target on Cintas (NASDAQ: CTAS) to $160.00 (from $205.00) while maintaining a Neutral rating following the company's 2Q earnings report.

CTAS reported revenue and EPS of $1.72b and $1.76 that beat the Street's of $1.69/$1.70 estimates. The company also... More