GATX Corp. (GMT) Misses Q2 EPS by 19c

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UPDATE: Stifel Upgrades GATX Corp. (GMT) to Buy

July 24, 2015 6:52 AM EDT

(Updated - July 24, 2015 8:18 AM EDT)

Stifel upgraded GATX Corp. (NYSE: GMT) from Hold to Buy with a price target of $62. Analyst Michael J. Baudendistel noted the companys railcar assets are more diversified than many realize, and he thinks its business model will hold up better than its peer group.

"The companys railcar assets are more diversified than we believe... More