GATX Jumps 4.5% After Citi Buy Upgrade

GATX Corp. stock rose 4.5% on Wednesday following Citi’s upgrade to “Buy” from “Neutral”.
The upgrade cites attractive valuation, high equipment utilization and favorable supply dynamics, with analyst Ben Mohr projecting strong upside.
Citi set a $211 price target, implying roughly a 20% increase from the current share price.
Shares had fallen 11% from a February peak before the upgrade.