Replies to post #183 on Trinity Industries Inc (TRN)

[Enterprising Investor]

Citi sees breakout for Trinity Industries (9/29/17)

• Trinity Industries (NYSE:TRN) breaks higher in early trading after Citi upgrades the transportation stock to a Buy rating from Neutral.

• Analyst Prashant Rao points to the improving fundamentals at Trinity and sees some potential for activist investors to create a stir. Rao and team set a price target of $36 on Trinity.

• TRN +1.44% premarket to $31.63 vs. a 52-week trading range of $20.80 to $31.32.

http://www.seekingalpha.com/news/3298391http://www.seekingalpha.com/news/3298391

[Enterprising Investor]

I actually find it amusing when an analyst places a “buy” rating on a company when the share price has already risen 50 percent in a year (52-week low $20.88).