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UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Ryder System

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Raymond James Upgrades Ryder System To Strong Buy: What It Means
Benzinga's Top Upgrades

In a report published Friday, Jefferies reiterated its Buy rating on Ryder System (NYSE: R), and raised its price target from $62.00 to $69.00.

Jefferies noted, “Ryder posted upside 4Q EPS as topline and profit growth accelerated on continued strength in the leasing business. Upside 2013 guidance and expected continued growth in the late cycle business point to additional upside for the shares.”

Ryder System closed on Thursday at $56.78.

Latest Ratings for R

Aug 2015Raymond JamesUpgradesOutperformStrong Buy
Jun 2015Stifel NicolausUpgradesHoldBuy
Apr 2015Goldman SachsDowngradesBuyNeutral

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View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings


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