Bank of America Corp DE Makes New Investment in Cintas Corporation $CTAS
MarketBeat
Bank of America Corp DE recently acquired 1.37 million shares of Cintas Corporation (NASDAQ:CTAS) worth approximately $233.1 million during the second quarter, making it a significant institutional holder. Cintas continues to impress with strong financial performance, reporting better-than-expected EPS and revenue, alongside an increased quarterly dividend. Institutional investors hold 63.46% of the company, and analysts maintain a "Moderate Buy" rating with an average price target of $212.31.
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