Ryder price target raised to $102 from $82 at FBR Capital FBR Capital raised its price target for Ryder shares to $102 from $82 saying the stock still has "significant upside" from current levels. FBR believes Ryder is in the early stages of possibly the strongest growth cycle in its history and that the stock could double over the next five years. it keeps an Outperform rating on the name.
Ryder upgraded to Buy from Hold at Stifel Stifel upgraded Ryder to Buy with a $104 price target based on reasonable valuation and expectations for Fleet Management Solutions NBT margin growth. The firm expects improved sales/marketing efforts to drive higher full service leasing growth and significant growth from the recently launched On-Demand maintenance product.