Wells Fargo raised the firm’s price target on Cintas (CTAS) to $205 from $185 and keeps an Equal Weight rating on the shares. The firm notes the company delivered a strong Q2 with organic growth 8.6% vs Street 7.5%. Despite tariffs and a difficult compare, incremental margins came in above expectations. Revenue guidance was raised above Street, while the EPS guidance raise was in-line, Wells adds.
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