Stock Track01-09
Greenbrier Companies Inc (NYSE:GBX) saw its stock price plummet by 5.10% during the intraday session on Friday. This sharp decline comes despite the company recently posting upbeat earnings for the first quarter, beating market estimates.
The drop appears to be driven by a Sell rating reiterated by Bank of America Securities, with a price target of $49.00. Analyst Ken Hoexter maintained the negative outlook, which likely contributed to investor concerns and the subsequent sell-off.
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