03:55 PM EDT, 09/24/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our target of $210, up $25, is 40.6x our FY 27 (May) EPS estimate in line with its three-year historical forward P/E average. We raise our FY 26 EPS view to $4.80 from $4.70 and lift FY 27's to $5.17 from $5.03. Since our Sell rating on September 11, 2024, our thesis regarding valuation risk has played out, with shares declining 2% against a 20% gain in the S&P 500. Yet, we think Aug-Q results present a notable inflection point in CTAS's operational resilience that warrants a change, in our view. Management's decision to raise FY 26 guidance, coupled with their direct commentary that the customer base is "steady to slightly improved," suggests their strategy of converting "no-programmers" (businesses managing services in-house) and cross-selling services is providing a more durable growth engine, insulating it from some cyclical pressures. While the stock's premium valuation continues to cap significant upside, this demonstrated execution reduces the near-term fundamental risk, prompting our upgrade to Hold.