Trinity Industries price target raised to $34 from $28 at Susquehanna

Susquehanna raised the firm’s price target on Trinity Industries (TRN) to $34 from $28 and keeps a Neutral rating on the shares. The firm said the company continues to navigate the trough of the railcar cycle effectively within its manufacturing segment, while its lease fleet remains well positioned to capitalize on rising underlying asset values in a structurally supply-constrained market.