BofA analyst Ken Hoexter lowered the firm's price target on Greenbrier to $43 from $49 and keeps an Underperform rating on the shares after the company posted fiscal Q2 EPS that was down 72% year-over-year and "well below" the firm's and Street's estimates. Management noted several railcar projects that intended to start in Q2 were delayed due to macro uncertainty, geopolitical developments, and mixed freight conditions and lowered its FY26 carload delivery target range 17% at the midpoint, notes the analyst, who decreased the firm's FY26 and FY27 EPS estimates by 27% and 14%, respectively.
