B of A Securities Maintains Underperform on Greenbrier Companies, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter maintains an 'Underperform' rating on Greenbrier Companies (NYSE:GBX) and raises the price target from $40 to $42.
September 22, 2023 | 4:27 pm
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B of A Securities maintains an 'Underperform' rating on Greenbrier Companies and raises the price target to $42.
The 'Underperform' rating maintained by B of A Securities suggests that the analyst expects Greenbrier Companies' stock to do worse than the market average. However, the raised price target from $40 to $42 indicates a slightly more positive outlook than before. This mixed signal could lead to uncertainty among investors, potentially negatively impacting the stock price in the short term.
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