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CAI Intl (NYSE:CAI) price target upped to $46.00, released a report earlier today by Cowen

Reporting a potential upside of 0.23%, Cowen increased the stock price target of CAI Intl (NYSE:CAI) to $46.00

Previously on 7/27/2017, Cowen reported on CAI Intl (NYSE:CAI) increased the target price from $23.00 to $28.00. At the time, this indicated a possible upside of 0.07%.

Yesterday CAI Intl (NYSE:CAI) traded 18.74% higher at $37.26. The company’s 50-day moving average is $30.13 and its 200-day moving average is $24.60. The last closing price is up 51.45% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 1,007,612 shares of CAI traded hands, up from an average trading volume of 252,172

Recent Performance Chart

CAI Intl (NYSE:CAI)

CAI Intl has 52 week low of $6.75 and a 52 week high of $37.37 with a PE ratio of 54.39 and has a market capitalization of $0.

In addition to Cowen reporting its stock price target, a total of 4 brokerages have issued a research note on the company. The average stock price target is $11.00 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About CAI Intl (NYSE:CAI)

CAI International, Inc. is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. The Company operates through three segments: container leasing, rail leasing and logistics. In operating the Company's fleet, it leases, re-leases and disposes equipment and contracts for the repair, repositioning and storage of equipment. The Company also provides domestic and international logistics services. The Company leases its container equipment to lessees under long-term leases, short-term leases and finance leases. The Company's long-term leases have terms of one year or more and specify the number of containers to be leased, the pick-up and drop-off locations.

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