RBC Capital analyst Ashish Sabadra raised the firm’s price target on Cintas to $675 from $645 and keeps an Outperform rating on the shares ahead of its Q3 results. Uniform Rental and Facility Services growth reaccelerated in Q2 after a modest slowdown in Q1, and the firm expects solid momentum in Q3 given the benefit of one extra day, along with cross-selling and new wins, the analyst tells investors in a research note.
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