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Fly News Breaks for January 8, 2016
GBX
Jan 8, 2016 | 08:20 EDT
Stephens analyst Justin Long believes the "impressive operational performance" evidenced in Greenbrier's Q1 results is overshadowed by the weakening railcar demand environment and management's comments that a portion of its railcar fleet is currently off lease. The analyst lowered his price target on Greenbrier shares to $29 from $37 and keeps an Equal Weight rating on the stock.