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Posted by
Two Blokes Jul 3 -
Filed in
Stock
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5 views
Initiating UniFirst Corporation with a Buy rating and $209 fair value, as core laundry business recovery is likely with easing rates and trade policy clarity. UniFirst benefits from a diversified customer base and robust US service network, but remains smaller than Cintas, its primary competitor. Current growth is sluggish due to weak industrial demand and hiring, but I expect a rebound as macro headwinds subside and ERP-driven efficiencies materialize.
