Cintas’ CFO Meeting Takeaways
<p>RBC Capital analysts provided their key takeaways from <a href='https://financialmodelingprep.com/financial-summary/CTAS'>Cintas Corporation (NASDAQ:CTAS)</a> CFO meeting, where he highlighted strong momentum in the business driven by an increased propensity to outsource, targeting a large addressable market, including recession-resilient end markets with a broad set of offerings and robust retention. </p>
<p>CFO Mike Hansen highlighted Scale, Innovation, and Technology as the key competitive advantage driving accelerated growth while expanding margins. </p>
<p>With an under-levered balance sheet, the analysts expect a greater focus on M&A. Lastly, the facility tour helped them appreciate the benefits of automation and SAP implementation. The analysts reiterated their Outperform rating and $525 price target.</p>

NASDAQ:CTAS