Raymond James Starts Rayonier (RYN) at Outperform, Sets $73 Price Target

June 3, 2011 2:03 PM EDT
Get Alerts RYN Hot Sheet
Price: $21.57 -0.87%

Rating Summary:
    5 Buy, 7 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Rayonier (NYSE: RYN) have traded in negative territory throughout most of Friday's trading session despite getting a new Buy rating from an analyst at Raymond James. The firm set a $73 price target on RYN shares.

With the stock trading down 0.2 percent to $66.15 at last check, Raymond James new price target implies potential upside of about 10 percent.

For more ratings news on Rayonier click here and for the rating history of Rayonier click here.


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