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Fly News Breaks for September 30, 2016
R
Sep 30, 2016 | 07:40 EDT
CLSA analyst Kristine Kubacki initiated Ryder with a Buy and a $80 price target saying shares have been unduly impacted by cyclical concerns in the trucking environment. He expects concerns to abate in 2H 2016 and 2017 and believes the outsourcing story still is under-appreciated and will only gain momentum and focus by investors.
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