BofA lowered the firm’s price target on Greenbrier (GBX) to $46 from $62 and keeps an Underperform rating on the shares. Greenbrier lowered its target for FY25 revenue and railcar deliveries, notes the analyst, who remains “impressed with CEO Tekorius’ moves to align costs with operations,” but lowered the firm’s FY25 and FY26 EPS estimates 13% and 14%, respectively.
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- Greenbrier lowers FY25 revenue view to $3.15B-$3.35B from $3.35B-$3.65B
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