UPDATE: Jefferies Initiates Cintas at Buy on Earnings Growth Due to Re-Industrialization
May 30, 2013 at 09:54 AM EDT
In a report published on Wednesday, Jefferies analyst Dan Dolev initated coverage on Cintas (NASDAQ: CTAS ), with a Buy rating and a price target of $53. In the report, Jefferies stated, "With $4.1bn in sales, Cintas is the largest uniform rental company in the US (32% share). We use