Susquehanna analyst Bascome Majors lowered the firm’s price target on Trinity Industries (TRN) to $23 from $29 and keeps a Neutral rating on the shares. The firm said Trinity should enter 2026 much like it exits 2025, with a weak new railcar market but profitable on the OEM side, positive but tapering contributions from lease renewals, and a strong secondary market that should support cash flow and EPS.
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