Citi Has Buy Rating On Cintas Corp (CTAS)

Citi Investment Research has a Buy rating and a $29 price target on shares of Cintas Corp CTAS. In a note to investors, Citi writes, "CTAS reports F3Q11 Results On Tuesday, March 22nd after the close. Rebound in small/medium employment and stabilization in hospitality, lodging and gaming are positives for CTAS top-line, but rising energy costs, competitive pricing and investments in expansion opportunities represent margin offsets. We are looking for Rev/EPS of $913MM/$0.35, roughly in-line with the Street at $908MM/$0.37." Shares of CTAS gained 38 cents on Friday to close at $27.80, a gain of 1.4%.