Zacks Investment Research downgraded shares of FREIGHTCAR AMER (RAIL) from NEUTRAL to UNDERPERFORM on October 09, 2012, with a target price of $17.30.
FreightCar America, Inc. manufactures railroad freight cars, with particular expertise in coal-carrying railcars. In addition to coal cars, FreightCar America designs and builds flat cars, mill gondola cars, intermodal cars, coil steel cars and motor vehicle carriers. It is headquartered in Chicago, Illinois and has manufacturing facilities in Danville, Illinois, Roanoke, Virginia and Johnstown, Pennsylvania.
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