Market Overview

UPDATE: Stifel Nicolaus Initiates Trinity Industries with Buy, $31 PT on; Attractive Entry Point

Related TRN
The 'Hateful' Eight: 8 Stocks Institutional Investors Dumped Last Quarter
8 US Industrial Stocks With High Free Cash Flow To Firm: Investment Idea Of The Day
Greenbrier: The Bullish Catalysts For My Favorite Stock For 2015 Are Still In Place (Seeking Alpha)

Stifel Nicolaus initiated its rating on Trinity Industries (NYSE: TRN) with a Buy rating and a price target of $31.

Stifel Nicolaus commented, "We consider the most recent trading price to be an attractive entry point as we believe the shares have overcorrected of late in light of full railcar and barge backlogs, rising lease rates and high lease fleet utilization levels, and our macro economic outlook of modest, but positive, growth."

Trinity Industries closed at $21.75 on Wednesday.

Latest Ratings for TRN

Mar 2015Stephens & Co.DowngradesOverweightEqualweight
Feb 2015Stifel NicolausMaintainsBuy
Nov 2014Longbow ResearchUpgradesNeutralBuy

View More Analyst Ratings for TRN
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Initiation Intraday Update Analyst Ratings


Related Articles (TRN)

Around the Web, We're Loving...