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Fly News Breaks for February 20, 2018
TRN
Feb 20, 2018 | 07:57 EDT
Susquehanna analyst Bascome Majors raised his price target on Trinity Industries to $52 from $40 as he believes the shares offer value with a catalyst. The analyst cited the recent underperformance of the shares, which has left the stock just 9% above where it was prior to winning a $700M guard rail appeal or announced its spinoff transaction. He views the separation as a key catalyst in the second half of the year. Majors reiterated his Positive rating on Trinity Industries shares.
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