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Top Wall Street Forecasters Revamp Cintas Price Expectations Ahead Of Q3 Earnings

1. Cintas will report Q3 results on March 26, expected earnings $1.06 per share. 2. Quarterly revenue projected at $2.6 billion, up from $2.41 billion last year. 3. Cintas ended acquisition talks for UniFirst at $275 per share. 4. Cintas shares fell 0.6% to $193.46 prior to earnings announcement. 5. Analysts have mixed ratings, with price targets ranging from $161 to $245.

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FAQ

Why Neutral?

Expectations of earnings growth are offset by negative acquisition news and analyst ratings.

How important is it?

Earnings results and recent acquisition news are pivotal for short-term stock movement.

Why Short Term?

The immediate impact will be evaluated post-earnings report and acquisition news.

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