RBC Capital Downgrades Rayonier To Sector Perform

Analysts at RBC Capital downgraded

from Outperform to Sector Perform. The price target for Rayonier has been lowered from $30.00 to $27.00. Rayonier shares have declined 16.22% over the past 52 weeks, while the S&P 500 index has surged 13.92% in the same period. Rayonier's shares fell 3.94% to close at $28.02 on Friday.