Cintas Trading Volume Plummets 30 Percent to 333rd Rank as Redburn Atlantic Downgrades Stock to Sell
On May 1, 2025, cintas corporation (CTAS) experienced a significant decline in trading volume, with a total of $302 million in shares traded, marking a 30.32% decrease from the previous day. This placed cintas at the 333rd position in terms of trading volume for the day. The stock price of Cintas also saw a drop of 1.01%.
Redburn atlantic has revised its stance on Cintas, downgrading the stock from a Neutral rating to a Sell. The firm's price target for Cintas remains at $171. This change in rating comes after a period of sharp share price appreciation over the past two years, during which the company's consistency has been called into question. The firm argues that the current valuation of Cintas appears overpriced given the recent performance and market dynamics.
