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Fly News Breaks for May 1, 2019
GWR
May 1, 2019 | 06:28 EDT
As previously reported, BofA/Merrill downgraded Genesee & Wyoming to Underperform from Neutral and maintained a $83 price target following the Q1 report. Analyst Ken Hoexer said shares are trading at a premium following reports the company was in talks with potential infrastructure/investment firms, despite operational pressures in North America and Australia.
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