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Railcar lessor GATX rises after Citi initiates coverage with 'buy'

ReutersSep 22, 2025 2:07 PM

Railcar lessor GATX's GATX.N shares up nearly 2% at about $175.4 in early trading, after Citi initiates coverage with "buy" rating; PT at $201

New PT represents upside of 16.8% on stock's last close

Citi says GATX's portfolio growth on Brookfield JV driving share gain

Normalizing remarketing income i.e. gain on used railcar sales in 2H, brokerage says

Median PT of three brokerages is $182 - data compiled by LSEG

Including session's moves, shares up about 13% YTD

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