Stephens & Co. Maintains Equal-Weight Rating for Ryder System: Here's What You Need To Know

Stephens & Co. has decided to maintain its Equal-Weight rating of Ryder System R and lower its price target from $105.00 to $102.00.

Shares of Ryder System are trading up 0.0% over the last 24 hours, at $93.22 per share.

A move to $102.00 would account for a 9.42% increase from the current share price.

About Ryder System

Ryder System Inc operates in three business segments: (1) Fleet Management Solutions which provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers to customers; (2) Supply Chain Solutions (SCS), which provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last mile, and professional services; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.