Genesee & Wyoming valuation range raised to $98-102 from $85-87 at Wells Fargo Wells Fargo increased its valuation range on Genesee & Wyoming after the company reported Q4 adjusted EPS that the firm believes was higher than expected. The firm raised its estimates and finds the company's outlook encouraging. It maintains an Outperform rating on the stock.
News For GWR From The Last 14 Days
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Positive rail trends clouded by weather, inflation, says Stephens Stephens says its annual rail shipper survey makes it believe that favorable industry fundamentals are getting obscured by near-term weather disruptions and lower rail inflation. The firm said it maintains its positive long-term outlook on the space, naming Genesee & Wyoming (GWR), Trinity Industries (TRN) and Greenbrier (GBX) as its favorite rail and railcar manufacturing stocks.