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Bank of America upgrades Cintas to Buy after strong Q4 earnings and raised outlook

Analyst Insights
16 Jul 2026
Proactive Investors
View Source
Bullish
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Bank of America upgraded Cintas Corporation from Neutral to Buy and raised its price target to $230 following the company's better-than-expected Q4 fiscal 2026 results and strong fiscal 2027 guidance. The upgrade reflects confidence in Cintas' growth driven by improving labor markets, expansion in product categories, and margin gains from technology and supply chain improvements. The bank also highlighted potential upside from Cintas' proposed acquisition of UniFirst, despite regulatory review. Shares rose 7% on the news, reflecting investor optimism about sustained revenue growth and profitability.

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