Cintas Corporation (NASDAQ:CTAS) is included among the 13 Best February Dividend Stocks to Buy. Wells Fargo Upgrades Cintas (CTAS) and Names it a Top Pick for 2026 Image by Steve Buissinne from Pixabay On January 14, Wells Fargo upgraded Cintas Corporation (NASDAQ:CTAS) to Overweight from Equal Weight and lifted its price target to $245 from $205. The firm also named the stock a top pick in business and information services for 2026. While the shares saw valuation multiples compress in 2025, the analyst ...

Core Viewpoint - Citi has raised its price target for Cintas Corporation (CTAS) to $181 from $176 while maintaining a Sell rating on the shares. This comes alongside Cintas' renewed takeover bid for UniFirst Corp. valued at approximately $3.96 billion in equity [1]. Group 1: Takeover Bid Details - Cintas has made a cash offer of $275 per share for UniFirst, which is about nine months after a previous bid at the same price was rejected. The latest proposal implies a total value of around $5.2 billion, representing a 62% premium over UniFirst's last closing price following a stock drop after the prior offer was rejected [2]. - This is not the first attempt by Cintas to acquire UniFirst, as there have been two earlier failed approaches, including one earlier this year that was withdrawn. The current bid follows extensive regulatory work, and Cintas believes that approvals are achievable. The proposal includes a $350 million reverse termination fee if the transaction fails to receive clearance [3]. Group 2: Company Overview - Cintas Corporation develops and manages uniform programs using fabric-based products, serving businesses of various sizes primarily in the US, with additional operations in Canada and Latin America [4].