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Fly News Breaks for February 16, 2018
WAB
Feb 16, 2018 | 10:01 EDT
As previously reported, Wolfe Research upgraded Wabtec to Outperform from Peer Perform with an $88 price target. Analyst Logan Purk maintained his quarterly estimates ahead of Wabtec's report next week saying there are signs of a bottom in freight sales and shares have underperform the Transport index by 55% since 2016. Purk said same-store revenue inflected positively in Q4 for the first time in 10 quarters and expects revenues to start growing in C18.
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.