Trinity Industries price target lowered to $24 from $35 at Susquehanna

Susquehanna lowered the firm’s price target on Trinity Industries (TRN) to $24 from $35 and keeps a Neutral rating on the shares. The firm said near term, railcar manufacturing’s pain is greater than leasing’s gain as macro and trade uncertainty likely keep new railcar orders lower for longer, pushing out the more meaningful recovery previously looked for in 2026.