RBC Capital Upgrades Rayonier To Outperform

Analysts at RBC Capital upgraded Rayonier

from Sector Perform to Outperform. The price target for Rayonier has been raised from $28 to $30. Rayonier shares have dropped 20.94% over the past 52 weeks, while the S&P 500 index has gained 13.86% in the same period. Rayonier's shares fell 0.15% to close at $26.09 on Friday.