Goldman Sachs Resumes Ryder Systems (R) at Neutral
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Price: $249.73 +0.76%
Rating Summary:
17 Buy, 11 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
17 Buy, 11 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Earlier, Goldman Sachs resumed coverage on Ryder Systems (NYSE: R) with a Neutral. PT $47.00.
"While we believe the company's FSL business has returned to normalized levels and that recently enacted cost cutting measures should provide significant margin expansion opportunity, soft trends in Ryder's commercial rental business keep us on the sidelines for now," the analyst said.
For an analyst ratings summary and ratings history on Ryder Systems click here. For more ratings news on Ryder Systems click here.
Shares of Ryder Systems closed at $44.80 yesterday.
"While we believe the company's FSL business has returned to normalized levels and that recently enacted cost cutting measures should provide significant margin expansion opportunity, soft trends in Ryder's commercial rental business keep us on the sidelines for now," the analyst said.
For an analyst ratings summary and ratings history on Ryder Systems click here. For more ratings news on Ryder Systems click here.
Shares of Ryder Systems closed at $44.80 yesterday.
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