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

GATX

22/09/2025 15:07

** 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

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))