NYSE:GATXTrade Distributors
GATX (GATX) Is Up 5.3% After Upgraded Earnings Outlook and Analyst Upgrade—What’s Changed?
In the past week, GATX Corporation presented at the Sidoti Micro Cap Virtual Conference and announced an upgraded earnings outlook, following an analyst upgrade that cited improved railcar leasing fundamentals and the impact of the Wells Fargo Rail acquisition.
This news coincided with sector-wide optimism after dovish remarks from the Federal Reserve Chair spurred broader market gains.
To assess the impact of GATX’s upgraded earnings guidance, we’ll examine how it could influence the...