Cintas up after Wells Fargo upgrades to 'overweight'

Cintas

14/01/2026 14:45

** Shares of uniform retailer Cintas Corp CTAS.O up 1.3% at $195.23

** Wells Fargo upgrades rating to "overweight" from "equal weight"; raises PT to $245 from $205

** Brokerage says the co is well-positioned to manage tariffs, overcoming earlier challenges like weak employment, as it is at an advantage in sourcing and pricing power, supported by its best-in-class service

** " We also see growing opportunity for share gains from its largest competitor Vestis, which recently reduced its field sales team" - brokerage

** 8 of 22 brokerages rate stock "buy" or higher, 13 "hold" and 1 "sell"; median PT is $222 — LSEG data

** Stock up ~3% in 2025

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))