Ryder System rises after Citi starts with 'buy', Street-high PT
ReutersSep 22, 2025 12:46 PM
Ryder System's shares R.N up nearly 1% to $185 premarket after Citi with "buy"
Citi sets $217 PT, ~18% higher than last close and now highest among 10 analysts covering the stock, per LSEG data
Brokerage says the logistics company's tech-enabled services and features driving share gain
Says price discipline among truck lessors, allowing costs pass-on, and private fleet growth is driving volume
Previous 9 brokerages also had avg rating of "buy", but their avg PT was about $189 - LSEG data
As of last close, shares up 17% YTD
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