FreightCar America downgraded to Sell from Neutral at UBS UBS transferred coverage on FreightCar America with a Sell rating from a Hold rating due to high consensus expectations and muted near-term coal orders. Price target lowered to $15 from $22.
FreightCar America price target raised to $42 from $37 at Sterne Agee After FreightCar reported higher than expected Q4 revenue but lower than expected EPS, Sterne Agee believes that the company is benefiting from rising non-coal rail car order flow. The firm thinks the company's lower Q4 margins is a temporary phenomenon. It keeps a Buy rating.