Ryder (R +5.4%) is upgraded to Buy from Neutral by SunTrust, which says that while investors may...

|About: Ryder System, Inc. (R)|By:, SA News Editor

Ryder (R +5.4%) is upgraded to Buy from Neutral by SunTrust, which says that while investors may expect the truck leasing company to join the stream of Q3 warnings, it doesn't think R's earnings are at risk. The firm cites aggressive reductions in R's workforce and the managing down of inventory during the summer.