Zacks Investment Research upgraded shares of RAYONIER INC (RYN) from UNDERPERFORM to NEUTRAL on April 02, 2013, with a target price of $60.20.
Rayonier Inc., including its subsidiaries, is a leading international forest products company primarily engaged in the trading, merchandising and manufacturing of logs, timber and wood products, and in the production and sale of high-value-added specialty pulps. Rayonier owns, leases, manages or controls vast areas of timberland in the United States and New Zealand. The company operates in two major business segments, Timber and Wood Products and Specialty Pulp Products.
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