Cintas price target raised to $521 from $512 at Stifel

Stifel analyst Shlomo Rosenbaum raised the firm’s price target on Cintas to $521 from $512 and keeps a Hold rating on the shares. The key takeaways from the company’s earnings call are that the macro environment remains stable overall for Cintas’ business and pricing is returning to more normalized levels as cost input inflation subsides, the analyst tells investors.