Susquehanna Downgrades Trinity Industries to Neutral, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors has downgraded Trinity Industries from Positive to Neutral, while raising the price target from $34 to $35.
October 21, 2024 | 12:56 pm
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NEUTRAL IMPACT
Susquehanna has downgraded Trinity Industries from Positive to Neutral, indicating a less optimistic outlook. However, the price target has been slightly raised to $35, suggesting some confidence in the stock's potential.
The downgrade from Positive to Neutral suggests a less optimistic view on Trinity Industries' short-term performance. However, the raised price target to $35 indicates some underlying confidence in the stock's potential. This mixed signal may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100