Trinity Industries (TRN) shares could reach $48.00

Posted by Munish | # |
05:32:26 am on July 21, 2008

According to Barron’s, Shares of utility Trinity Industries Inc’s, could rise to $48 from about $35 per share on demand for wind-generated electricity.

Trinity’s wind-energy backlog ballooned 128 percent to nearly $1.6 billion in the first quarter, and as its backlog expands, so will its valuation.

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