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Fly News Breaks for November 5, 2018
TRN, ACA
Nov 5, 2018 | 09:26 EDT
Susquehanna analyst Bascome Majors initiated Arcosa (ACA) with a Positive rating after it was spun off from Trinity Industries (TRN) last week. The analyst noted both of their balance sheets were bolstered and he sees value in both. Majors has a $37 price target on Arcosa shares and a $27 price target on Trinity Industries shares.