Skip to main content

Market Overview

Back-To-Back Downgrades Sink Trinity Industries


Trinity Industries Inc (NYSE: TRN) shares are trading lower by $4.76 at $16.36 in Friday's session. The catalyst for the move may be the second downgrade of the issue over the last two days.

Before the open, BB&T Capital downgraded the issue from Buy to Underweight.

Interestingly, on Thursday, the same day of Q4 report of $0.21 beat for EPS with a slight revenue miss, Axiom Capital's Gordon Johnson lowered his boon on the issue.

Johnson initiated coverage of the issue with a dreaded Sell rating and a price target well below Thursday's closing price of $21.12 at $10.

Latest Ratings for TRN

Jan 2021GLJ ResearchUpgradesSellBuy
Apr 2020Cowen & Co.MaintainsOutperform
Apr 2020Wells FargoMaintainsUnderweight

View More Analyst Ratings for TRN
View the Latest Analyst Ratings


Related Articles (TRN)

View Comments and Join the Discussion!

Posted-In: Analyst Color News Downgrades Technicals Intraday Update Analyst Ratings Movers Trading Ideas

Latest Ratings

DALJP MorganMaintains63.0
ALKJP MorganMaintains104.0
UALJP MorganMaintains58.0
SPGIBMO CapitalMaintains428.0
INFOBMO CapitalMaintains110.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at