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Fly News Breaks for April 22, 2016
GMT
Apr 22, 2016 | 07:11 EDT
As noted earlier, Stifel downgraded GATX to Hold from Buy. The firm says that the company's comments indicate that the railcar leasing market is deteriorating more quickly than previously expected. Stifel believes that the company will probably not have positive catalysts in the near-term and it thinks that a better entry point in the name could arise in the future.
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