Information Provided By: 
Fly News Breaks for December 4, 2018
TRN
Dec 4, 2018 | 15:24 EDT
As previously reported, Vertical Group analyst Gordon Johnson downgraded Trinity Industries to Sell from Hold, citing the combination of weakening railcar demand and the expected "explosion" in oil pipeline capacity for the Permian basin in the second half of 2019. This combination will erode crude-by-railcar demand and push the U.S. railcar industry "back into severe oversupply," contends Johnson, who has a $12 price target on Trinity shares.
News For TRN From the Last 2 Days
