JP Morgan Maintains Neutral on Ryder System, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on Ryder System (NYSE:R) and raises the price target from $95 to $113.
July 27, 2023 | 2:21 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Ryder System and raises the price target from $95 to $113.
The news is directly about Ryder System. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100