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Stock Market & Financial Investment News

News Breaks
June 30, 2014
07:14 EDTRYN, RYAMRayonier downgraded at RBC Capital
As noted earlier, RBC Capital downgraded Rayonier (RYN) to Sector Perform from Outperform. The firm downgraded the stock based on valuation and lowered its price target on the shares to $37 from $52 to reflect the tax-free spinout of Rayonier Advanced Materials (RYAM).
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