UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Ryder System
February 01, 2013 at 14:31 PM EST
In a report published Friday, Jefferies reiterated its Buy rating on Ryder System (NYSE: R ), and raised its price target from $62.00 to $69.00. Jefferies noted, “Ryder posted upside 4Q EPS as topline and profit growth accelerated on continued strength in the leasing business. Upside 2013 guidance and expected