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Fly News Breaks for July 13, 2017
WAB
Jul 13, 2017 | 06:22 EDT
Deutsche Bank analyst Saree Boroditsky downgraded Wabtec to Hold citing valuation with the shares at her unchanged price target of $90. The analyst believes the company should benefit from higher investment in global transit projects and a recovery in U.S. freight traffic but finds the stock fairly valued at current levels.
News For WAB From the Last 2 Days
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 24, 2024 | 12:00 EDT
Wabtec is up 8.8%, or $13.01 to $161.49.