Stephens analyst Justin Long lowered his price target on Ryder shares to $86 from $110 after the company cut its earnings guidance for Q3 and FY15 due to lower than expected earnings growth in its Fleet Management Solutions business segment. Long notes that the impact of risk in the used market appears to have been felt sooner than anticipated, prompting him to take a "much more conservative" view on gains on sale in the next year. However, the analyst keeps an Overweight rating on Ryder, citing strong trends in the core business and a risk/reward in shares that he views as attractive.