© Reuters.  Susquehanna turns positive on Trinity Industries© Reuters. Susquehanna turns positive on Trinity Industries

  • Susquehanna upgrades Trinity Industries (TRN +1.2%) to a Positive rating after having the railcar and barge manufacturer set at Neutral.
  • “We see at least 2.5-to-1 upside/downside in TRN shares, as the probability of deploying up to ~$2.4B in untapped liquidity rises (~$680M legal overhang effectively gone) and washed out 2018 expectations move higher over the next several quarters,” reasons analyst Bascome Majors.
  • The firm’s price target of $40 reps 21% upside potental for shares.
  • Now read: CSX (NASDAQ:CSX): Rail Tycoon Gone Bad

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