Wells Fargo Bumps Up GATX Price Target By ~6%

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  • Wells Fargo analyst Allison Poliniak-Cusic raised the GATX Corp GATX price target to $110 (implying an upside of 12%) from $103 ahead of quarterly results and given the confidence in the improving lease rate environment and components and digital.
  • The analyst maintained an Overweight rating on the shares.
  • The company will report results for 3Q21 before the market opens on Oct. 21, 2021.
  • Price Action: GATX shares are trading higher by 2.15% at $98.25 on the last check Wednesday.
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Posted In: Analyst ColorNewsPrice TargetReiterationAnalyst RatingsMoversTrading IdeasBriefs
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