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Fly News Breaks for May 29, 2018
GE, WAB
May 29, 2018 | 07:54 EDT
Cowen analyst Matt Elkott raised his price target on Wabtec (WAB) to $125 from $99 citing its merger with GE Transportation (GE). He believes Wabtec is the most comprehensive and unique play on global rail markets and there is no direct publicly traded comp. Elkott reiterated his Outperform rating on Wabtec shares.
News For WAB;GE From the Last 2 Days
WAB
Apr 25, 2024 | 07:37 EDT
WAB
Apr 25, 2024 | 07:29 EDT
WAB
Apr 25, 2024 | 07:06 EDT
WAB
Apr 25, 2024 | 06:55 EDT
Susquehanna raised the firm's price target on Wabtec to $190 from $160 and keeps a Positive rating on the shares. The firm said its earlier than expected guidance raise and front-half-loaded outlook suggest a shareholder-friendly blend of long-term confidence and prudent 2H conservatism. With no cyclical clouds in sight, Susquehanna remains new-money buyers.
WAB
Apr 25, 2024 | 06:41 EDT
GE
Apr 25, 2024 | 06:36 EDT
Citi raised the firm's price target on GE Aerospace to $186 from $120.43 and keeps a Buy rating on the shares. The company's' Q1 was better than expected and it modestly increased its full-year EBIT outlook, the analyst tells investors in a research note. The firm says commercial aftermarket demand remains robust.
WAB
WAB
Apr 24, 2024 | 10:00 EDT
WAB
Apr 24, 2024 | 09:56 EDT
WAB
Apr 24, 2024 | 09:47 EDT
GE
Apr 24, 2024 | 09:33 EDT
GE
Apr 24, 2024 | 09:24 EDT
GE
Apr 24, 2024 | 09:07 EDT
GE
Apr 24, 2024 | 06:58 EDT
BofA analyst Ronald Epstein raised the firm's price target on GE Aerospace to $180 from $165 and keeps a Buy rating on the shares. GE boasts a unique portfolio with exposure across aircraft manufacturers, aircraft classes, legacy/new/nextgen platforms, and aftermarket/OE customers, says the firm, which believes GE is "strongly positioned to benefit from secular commercial aero growth."
WAB
Apr 24, 2024 | 06:38 EDT
WAB
Apr 24, 2024 | 06:36 EDT
