The firm said it upped its numbers on the company, which designs, manufacturers, and markets railroad freight car equipment, based on its belief Greenbrier is set for a strong second half to 2014, and an expected earnings growth for next year.
Shares of Greenbrier are lower by -0.25% to $59.93 in early trading this morning.
Separately, TheStreet Ratings team rates GREENBRIER COMPANIES INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate GREENBRIER COMPANIES INC (GBX) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."
Highlights from the analysis by TheStreet Ratings Team goes as follows: