Ryder System, Inc. (R) Misses Q4 EPS by 3c, Guides FY

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Jefferies Lifts Numbers on Ryder Systems (R) on 'Beat and Raise'

February 1, 2013 9:26 AM EST

Jefferies raised its price target on Buy-rated Ryder Systems (NYSE: R) from $62 to $69 following Q4 'beat and raise.'

The firm comments, "Ryder posted upside 4Q EPS as topline and profit growth accelerated on continued strength in the leasing business. Upside 2013 guidance... More