Vertical Research Upgrades Ryder System to Buy, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Vertical Research has upgraded Ryder System (NYSE:R) from Hold to Buy and raised the price target from $125 to $145, according to analyst Jeffrey Kauffman.
June 14, 2024 | 4:50 pm
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Vertical Research has upgraded Ryder System (NYSE:R) from Hold to Buy and raised the price target from $125 to $145, indicating a positive outlook for the stock.
The upgrade from Hold to Buy and the increased price target suggest that the analyst sees significant upside potential for Ryder System. This is likely to positively impact the stock price in the short term as investors react to the improved outlook.
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