Citi initiated coverage of Ryder (R) with a Buy rating and $217 price target The firm sees attractive long-term growth drivers for the transportation equipment manufacturing, leasing and shipping group. It believes Ryder’s model transformation towards the contractual supply chain can gain further traction with investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on R: