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Analysts cutting price targets signals cautious sentiment and potential earnings disappointment.
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Cintas will release Q2 earnings on Dec. 18, expecting $1.19 EPS. Revenue is projected to increase to $2.77 billion from $2.56 billion. Recent cash dividend and $1 billion buyback authorization announced on Oct. 28. Analysts have revised price targets down across multiple firms. CTAS shares closed at $187.37, down 0.1% before earnings.
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