Rayonier (RYN) Corp. Rating Lowered to 'BBB-' at S&P
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BofA/Merrill Lynch Downgrades Rayonier (RYN) to Underperform
November 11, 2014 8:51 AM ESTBofA/Merrill Lynch downgraded Rayonier (NYSE: RYN) from Neutral to Underperform with a price target of $22.00 (from $36.00) on weaker cash flows and a lower dividend.
Analyst Michael Roxland noted the company discovered material deficiencies in its internal controls restated its 2Q14 and 1Q14... More
RBC Capital Downgrades Rayonier (RYN) to Sector Perform
November 11, 2014 7:19 AM ESTRBC Capital downgraded Rayonier (NYSE: RYN) from Outperform to Sector Perform with a price target of $28.00 (from $37.00).
For an analyst ratings summary and ratings history on Rayonier click here. For more ratings news on Rayonier click here.
Shares of Rayonier closed at $28.82 yesterday.
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