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Fly News Breaks for February 16, 2018
TRN
Feb 16, 2018 | 06:20 EDT
Wells Fargo analyst Allison Poliniak-Cusic upgraded Trinity Industries to Outperform from Market Perform and raised her price target for the shares to $53 from $40. The company's leasing value is not adequately reflected in the shares following the recent pullback, Poliniak-Cusic tells investors in a research note. She also believes Trinity's "strong liquidity position" provides capital allocation optionality and sees a more favorable 2018 infrastructure outlook.
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