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March 11, 2014
08:18 EDTRAIL, TRN, GBXRailcar cycle can still be driven by non-tank car demand, says Stephens
Stephens believes the railcar cycle still has several strong years and said it is encouraged by early signs of a pick-up in demand for non-tank railcars. Stephens raised its price target on Greenbriar (GBX) to $51 from $40 and increased its price target on Trinity Industries (TRN) to $85 from $80 and maintains Overweight ratings on both. Note that Stephens downgraded another stock in the sector, FreightCar America (RAIL), to Equal Weight this morning citing valuation.
News For GBX;TRN;RAIL From The Last 14 Days
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December 11, 2014
07:30 EDTGBXDA Davidson to hold a conference
6th Annual Aerospace & Industrials 1:1 Conference is being held in Boston on December 11.
December 10, 2014
06:37 EDTTRNNew crash tests to be conducted on Trinity Industries guardrail, NY Times says
New crash tests will be conducted on Trinity Industries' troubled ET-Plus guardrail today, according to The New York Times. The tests will be similar to tests performed nearly a decade ago when the current version of the product was introduced, the newspaper stated. However, the Federal Highway Administration indicated that it could use other types of tests in the future to gauge the effectiveness of the ET-Plus, which has been banned by more than 30 states, the newspaper reported. Reference Link
December 8, 2014
15:14 EDTRAILFreightCar America announces expansion to meet demand for railcars
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06:09 EDTGBXGreenbrier announces orders for 14,100 railcars valued at $1.24B
Greenbrier announced that it received new orders in its first quarter ended November 30 for 14,100 railcar units valued at $1.24B. Orders for the quarter include small-cube covered hopper cars for sand and cement transportation, boxcars, double-stack intermodal units, automobile carrying cars, gondolas and tank cars, both for crude oil and other commodity types. The average selling price for the orders reflects the diversity of railcar types ordered.

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