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Fly News Breaks for April 23, 2015
R
Apr 23, 2015 | 07:35 EDT
After Ryder reported higher than expected Q1 EPS from continuing operations, RBC Capital says that the company's core FMS operations posted better than expected core fleet growth and strong margins. The firm thinks the company remains well-positioned to beat and raise over the course of 2015. It raised its price target on the name to $125 from $115 and keeps an Outperform rating on the shares.
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