Greenbrier price target raised to $65 from $62 at Stephens

Stephens raised the firm’s price target on Greenbrier to $65 from $62 and keeps an Overweight rating on the shares after the company reported fiscal Q2 results that were ahead of the Street view in what the firm called “a solid quarter.” Combined with FY24 revenue guidance being tweaked higher and a margin outlook that the firm thinks could prove conservative, its believes the story “remains poised for a continuation of positive momentum,” the analyst tells investors.