Citi analyst Ben Mohr raised the firm’s price target on Ryder (R) to $218 from $196 and keeps a Buy rating on the shares. The firm updated the company’s model to reflect mix improvement driven by the company’s transformation.
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Read More on R:
- Ryder System Announces CEO Transition and Succession Plan
- Ryder CEO Robert Sanchez to retire, John Diez to succeed
- Ryder price target raised to $250 from $190 at Morgan Stanley
- Ryder initiated with an Overweight at Wells Fargo
- Ryder opens new commercial truck rental and maintenance facility in Georgia
