Morgan Stanley Initiates Coverage On Ryder System with Overweight Rating, Announces Price Target of $165
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Ryder System (NYSE:R) with an Overweight rating and set a price target of $165.

June 24, 2024 | 12:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has initiated coverage on Ryder System with an Overweight rating and set a price target of $165.
The initiation of coverage with an Overweight rating and a price target of $165 by a major financial institution like Morgan Stanley is likely to positively impact Ryder System's stock price in the short term. This indicates strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100