Cintas resumed with an Overweight at JPMorgan

JPMorgan resumed coverage of Cintas (CTAS) with an Overweight rating and $239 price target following a period of restriction. The firm views Cintas as a core holding in the uniform services group with compounding growth. The company has shown consistent execution across a range of macroeconomic backdrops over the last two decades, the analyst tells investors in a research note.