Susquehanna analyst Bascome Majors lowered the firm’s price target on Trinity Industries to $22 from $26 and keeps a Neutral rating on the shares. The analyst said the company’s implied EPS ramp remains possible as supply chain pressures ease and lease renewals compound.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on TRN:
- Trinity Industries backs FY23 EPS view $1.50-$1.70, consensus $1.64
- Trinity Industries reports Q1 adjusted EPS 7c, consensus 25c
- TRN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Trinity Industries Director MacLin buys 4,500 shares of company stock
- Trinity Industries acquires RSI Logistics for $70M